Big industry has complained for years about the blow to its operations from high electricity prices in Spain. A blow to its profitability and ability to compete with its international competitors. The spiral of price increases caused by the energy crisis and exacerbated by the Russian occupation of Ukraine exacerbated the problems, further aggravated the energy burden for the industry, and some companies stepped in. to reduce or directly stop production to stop the bleeding.
Large industrial groups with heavy electricity consumption – for some, the electricity bill represents 50 or 60% of total generation costs – are putting pressure on the Government. trigger the amount of aid included in your package. electricity bill I’m thinking of buying a mattress not only this year and next year, but also for the next ten years.
Last March, the European Commission approved the Spanish Government’s planned aid plan. 2.9 billion euro compensation Part of the costs of indirect CO2 emissions for the period 2021-2030. Big industry finds the amount too inadequate in relation to the current rising prices of CO2 emission rights and the aid Brussels allows to other countries (last month the European Commission approved the German plan with compensation of 27,500 million in ten years).
from Large Energy Consumption Companies Association (AEGE) The government is called upon to maneuver to ensure that the European Commission reviews this direct aid limit and quadruples it and reaches its periphery. 12,000 million euro compensation by 2030.
Electro-intensive employers’ association that brings together about thirty industrial giants such as ArcelorMittal, Acerinox, Sidenor, Şener, Ferroatlántica or Reunited Tubes, trusts that the Ministry of Industry will negotiate this review with Brussels before the end of the year to raise the planned ceiling. Official Ministry sources declined to comment on the matter.
According to Community regulations, these grants may include: 75% of indirect costs A maximum of 25% of the revenue from each country’s emission rights tenders can be allocated by CO2 by electro-intensive companies and to finance the programme. AEGE considers that current prices of emissions rights (around €80 per tonne, three times higher than pre-pandemic) and forecasts that they will continue to rise in the coming years justify an upward revision to the Spanish emissions plan.
Industry Minister Reyes Maroto and Vice President for Ecological Transition and Minister Teresa Ribera are meeting with industry representatives this Monday as part of a contacts tour to prepare the contingency plan with the energy saving measures committed to Europe. Unity. Maroto had predicted last week that the contingency plan would consider special measures for electro-intensive industrial groups, without specifying the content of the initiatives.
The government approved the upgrade 244 million Compensation to large industry for the costs of indirect CO2 emissions corresponding to last year is 65 million more than originally determined. This is the maximum amount that the European Commission allows the Executive branch to distribute among industrial groups. AEGE calculates that, looking ahead, the offset costs of CO2 should be between 450 and 500 million Euros.
As part of the extraordinary measures taken to reduce the impact of the increase in electricity, the Government temporary reduction of 80% of tolls Nearly 600 electricity-intensive companies are expected to 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 highway tolls included in the invoice for the investments made in electricity distribution and transportation networks is added to this permanent bonus. 85% of invoice charges (financed by the cost of regulated renewable energies, the system’s debt, and the extra costs of non-peninsulas) received by all electricity-intensive consumers.