The government is preparing new decrease rates paid by energy companies for use gas tanks, At a time when these reserves have become a key element in keeping Moscow’s pulse as the war in Ukraine continues. To reduce Europe’s traditional dependence on Russian gas, the European Union is forcing all member states to fill over 90% for the coming winter.
Manager wants to apply Average 4.9% discount on different fares Operators must pay to inject, store or extract gas from Spanish underground storage facilities from 1 October next and for twelve months, as outlined in the proposed ministerial order on gas system fees and is currently subject to a public hearing process. .
“The cost of underground storage is particularly important for small retailers as those who need a larger storage capacity in proportion to their market share,” he explains. Ministry of Ecological Transition in official documents containing the reasons for your offer. “A lower storage cost will contribute to facilitating entry for new traders and increase competition in the Spanish natural gas market,” says the department, led by Teresa Ribera.
‘Anti-Putin’ shield
The European Union wants to ensure the security of its energy supply this winter and throughout the following winter, and has created a shield against Moscow to protect itself, including the obligation of member states to gradually fill their gas tanks. The ‘anti-Putin’ plan devised by Brussels reach the next 1 November with gas tanks exceeding 90% of their capacity and continue at this level for the remainder of the winters until 2026.
The government is already taking measures to make it easier for gas companies to comply with these fill requirements and save a million dollar blow to their accounts. The executive has approved the exemption of energy companies from underground storage act payment until they reach new national and community obligations to increase their gas reserves.
This partial exemption from payments will only apply until March 2024 for additional gas that operators must inject into tanks to exceed the target of 90% of their total capacity. For the remaining transactions in deposits, energy groups have to pay current fees for which the Government is currently seeking a discount between October of this year and the end of September of the following year (known as the “gas year”). 2024″, according to industry terminology).
The executive began to defend itself against the energetic pulse of the Kremlin at dawn. the The war in Ukraine and already at the end of March last year – a month after the start of the military occupation – increased the security stock obligations of gas traders from 20 days to 27.5 days of firm consumption. New EU filling obligations for this year, up to 90% of warehouses, I have increased this required stock level above 30 days of consumption.
Spanish stores are close to the full moon today. More than 33,600 gigawatt hours (GWh) of gas equivalents are currently stored in the three underground tanks, which is almost 98.8% of their capacity as confirmed. Enagás records, the operator of the Spanish gas system, which updates this data daily. Spain has already managed to exceed the 90% filling level of its warehouses at the beginning of May, six months ahead of the mandatory deadline set by Brussels, and then continued to increase reserves.
load increase
The ministerial order proposal that the government is working on also includes: an increase in gas system charges which will require a slight increase in the regulated portion of the gas bill to all Spanish consumers from the next 1 October and for the next twelve months.
Ministry of Ecological Transition, for next year, debt repayment of past deficits, payments to gas market operator or extra cost in supply of non-peninsula areas.
Likewise, it plans to transfer a total of 11.08 million Euros to consumers during the year, but 300,000 Euros more, to be distributed to millions of customers. The ministry actually says: “moderate increase” in wages It will have a “very minor” impact on the final consumer bill, with a slight increase of 0.21% in households and 0.07% in large industrial consumers.