The government immediately put an end to expansion works electrical networks The country’s measures in this direction are to prevent saturation in areas where large industrial projects will be built (especially electric car battery gigafactories or digital data centers) and to facilitate the integration of new renewable installations at the height of the sector’s expansion boom. Investments in new infrastructures to be built and the reform of other existing infrastructures will exceed 900 million eurosIt will be financed from European funds.
The Ministry of Ecological Transition, led by Vice President Teresa Ribera, has been working on a study for months.Review of Electricity Planning until 2026A company currently considering the modernization of high voltage networks with an investment of approximately 7,000 million euros. This plan was approved last year, but the Administration decided that it should be expanded to include new actions that are considered strategic and cannot be postponed.
The government is working together these months Spanish Electricity NetworkThe manager of the high voltage infrastructure is making changes to the plan and is currently outlining the final details, including new basic infrastructures in accordance with the specific needs caused by the plan. Concentration of new renewable energy sources and large industrial consumers in certain regionsand also to adapt to the needs of the new National Integrated Plan for Energy and Climate (PNIEC), Spain’s green roadmap to 2030, a draft update of which was sent to Brussels by the Executive last July.
with delay
The update of the electricity networks plan is imminent and, as confirmed by official sources of EL PERIÓDICO DE ESPAÑA from the Prensa Ibérica group, the Administrator will shortly submit the new action program to the public hearing. update in several stages It will be carried out gradually until 2026 to better determine investments. The planning review is behind schedule and was originally planned for the first half of this year.
The political stagnation caused by the 23J elections and the long period leading up to the formation of Pedro Sánchez’s new government slowed down the necessary process for reform for months. urgently include new studies and expand networks. The electricity sector has long warned that existing electricity grids and connection points are not sufficient to meet the avalanche of new renewable power plants, which could lead to a slowdown in investments and the spread of green energy facilities.
ecological transition, actions that cannot be extended It will be included in the current planning of the electricity grid, but it has been claimed that it was decided to postpone the approval of the road map update until after leaving office and a new Government has been formally formed.
Updating the 2021-2026 Electricity Planning that the management is working on is actually just a first step. Ecological Transition aims to start the approval process in the short term A completely new planning for the 2024-2029 period Modernizing the transportation network. The Ministry, led by Ribera, warns that it is facing a real flood of requests from companies in the sector to replace and expand the power grid. The government should analyze all the proposals and determine which ones should be included in the revised current planning and which are less urgent and can be left to the next plan to be developed in the period 2024-2029.
European funds to prevent electricity bill from rising
The current plan is until 2026, investment of approximately 7 billion euros To carry out planned actions. Some investments that must be made by the transport network manager Red Eléctrica de España (REE), one of the concepts of regulated costs of the electricity bill, which all electricity consumers pay with their electricity bills through tolls.
However, the Government does not want the new costs that will be created by the plan changes it is working on to be reflected in the electricity bill. The Ministry of Ecological Transition’s plans include paying for at least part of these new electricity networks from European funds, so that they are not financed by tolls included in the bill and electricity prices are not increased. IAddendum to the Recovery, Transformation and Resilience Plan (PRTR)Approved by the European Commission in October 931 million allocation for the expansion of electricity networks and this will be injected through direct financing into REE, which will make additional investments as envisaged.
REE’s investments in the transportation network have an annual limit set to prevent the rapid increase in the fees reflected in the electricity bill for these works. Investments exceeding 0.065 percent of the gross domestic product (currently around 800 million euros) cannot be made each year. New investments that the government plans to include in the Planning reform by 2026 It will not be taken into account in calculating the maximum annual investment limit. waxing to avoid interrupting other previously planned work. In fact, neither the European funds used nor the part of the investment in the newly added infrastructure that is not covered by the funds will be counted.