Spain take the stick reform electricity market with a three-way meeting European employer big electric eurelectricand the European Commissioner for Energy, kadri simson, as before unofficial ministerial summit energy celebrated this tuesday and wednesday valladolid Within the framework of the Spanish presidency of the Council of the European Union. At the meeting, european lobby insisted on it red lineto avoid permanent emergency measures, such as limiting the revenues of marginal power plants or imposing regulated prices on current generation.
Also, the electricity companies asked the third vice president and minister for the Ecological Transition, Teresa Riberapromotion of long-term energy contracts (ppa), some more flexible financial rules evidence, allowing the liquidity of market participants financial stress for marketers fulfill and give mandatory guarantees investment incentives network, also the possibility to invest in this infrastructure in advance.
According to the companies, a large amount renewable as well as greater penetration into the system heat pumps and electric vehicles will cause networks to manage more complex flows, therefore investment should triple increasing from 23,000 million euros per year to at least 69,000 million euros in 2050.
During the meeting held in a hotel on the outskirts of the city within the framework of the ministerial summit, Vice President eurelectric and its CEO luck, Markus Rauramoand the employer’s general secretary, Kristian Ruby. However, wide representation was also provided by the Spanish employers’ association. aelec, Responsible for the chairman, general manager and regulatory director, Marina Serrano, Paloma Sevilla and Marta Castro respectively; as well as CEOs Endesa and Iberdrola Spain, José Bogas and Mario Ruiz Tagleand its CEO EDP Spain, Ana Paula Marques.
On behalf of the Government, in addition to the third vice-president, the Minister of State for Energy, Sarah Aagesenand IDAE general manager, Joan Groizard.
The Spanish position is in a favour. more intrusive in the electricity market. The core of the reform proposal called for a regulated fixed price for nuclear and hydraulic power plants; this was something that companies tried to avoid at all costs, especially in the latter case. But as president of the Council of the European Union, Ribera, above all, is currently speed up time reach the end of the year with a deal.
Spain’s role since July 1 is precisely that of Spain – beyond its own interests as one of the Twenty-seven. judge electricity reform, mark time and agenda related to legislative work. His predecessor’s intention Swedenwould come to an agreement. General approach of the council on June 19 but negotiation landed Due to the lack of consensus on how to redistribute income between contracts for difference and which production facilities they affect, among other things (new investments only or existing ones).
groups European Parliament They agreed to vote on 19 July. In this case, as the electricity companies want, the income limit of the electrician marginal centersbut forbidden power outages to vulnerable consumers who are also taken back eurelectric. Spain wants to reach an agreement “as soon as possible” Twenty seven start like this trilogy Involving negotiations between the Parliament, the Council and the Commission with the aim of reaching an agreement before 31 December this year.