Big industry has been preparing for months Big buy for renewable electricity at a fixed price to avoid the shock of the surge in electricity and lower your energy bill. However, this first renewable energy ‘mega-auction’ promoted by private companies and originally scheduled for the first quarter of this year continues to accumulate delays, and major industry groups have decided to postpone it to 2023.
The Spanish Association of Large Energy Consumption Companies (AEGE), which brings together about thirty large industrial groups in Spain, does not allow the renewable energy tender to be held, at least until this date. February or March 2023 despite the urgency of companies to close their electricity contracts at reasonable prices and the upward spiral has not stopped.
The bidding has been delayed in recent months because OMIE, the operator of the wholesale electricity market and supposed to manage the tender, has been overwhelmed by an avalanche of new workloads due to measures taken by the Government to lower the price of electricity. electric. The new delay, which will run the auction until next year, is due to the Government’s announcement. will celebrate their own auctions next October and November new renewablethreatened to reduce the demand for proposals from industrial companies.
“Our final estimate was to hold our tender in September, but the Government’s call for renewable energy tenders forced us to postpone it. There was a risk of cannibalism Fernando Soto, managing director of AEGE, where giants such as ArcelorMittal, Acerinox, Sidenor, Sener, Ferroatlántica or Tubos Reunidos are integrated, explains.
Electro-intensive groups association, own auction system Renewable energy other than that organized by the government. The aim is to provide a significant part of the electricity supply they need for their operations, and to do so at a fixed price over a long period of 10 to 12 years, compared to around 35 euros per megawatt hour (MWh). 300 Euros per MWh, which currently determines the wholesale electricity market.
Expectation of industrial companies sign agreements with renewable utilities Call for consecutive auctions with a power of at least 2,000 megawatts (MW) and then interspersed with those regulated by the Ministry of Ecological Transition. The first of the auctions will require renewable companies to have their facilities ready within 18 months, so they won’t be ready until 2024 with the new celebration date.
Major industries’ plans pass bringing together wind and photovoltaic manufacturers so they make their offer for the sale of electricity at a fixed price. Later, industrial and power companies would sign bilateral power purchase agreements, or PPAs (power purchase agreement) would receive the support of the state.
Major industry has warned for years that high electricity prices in Spain are a blow to its profitability, making it difficult to compete with companies from other European countries. a situation aggravated by spiral of electrical surges and the current difficulty of closing bilateral contracts with electricity companies at attractive prices. “The tender will provide us with electricity at competitive prices until 2024. But we need energy at competitive prices now, this year and for the future, but nobody wants to sell it to us. You don’t see the contracts made by the electricity companies.
Discounts on receipt
As part of the extraordinary measures taken to mitigate the impact of the increase in electricity, the Government temporary reduction of 80% of tolls Around 600 electricity-intensive companies pay the electricity bill, which will continue until the end of this year. AEGE calls on the Ministry of Ecological Transition to continue the reduction through at least 2023.
The temporary discount of 80% of the tolls included in the invoice (in which investments in electricity distribution and transport networks are paid) is added to the permanent bonus of 85% of the receipt fees (with this). The fee for regulated renewable energies, the debt of the system, and the extra costs of non-peninsulas are financed) that all electricity-intensive consumers receive.