The Ministry of Energy, Tourism and Digital Agenda has announced through a press release the update of the remuneration to renewables, cogeneration and waste for the period between 2017 and 2020. This update will involve an increase of about 600 million euros per year.
The BOE published yesterday the ratification instrument by which Spain adheres to the Paris Agreement as a result of the Climate Summit held in the French capital in December 2015 and which also includes the world´s two most polluting countries, the United States and China.
The second report on the Energy Union state presented yesterday claims that Europe is on track to achieving its 2020 targets in terms of GHG emissions, energy efficiency and renewables. In order to strengthen this process, the Commission also announced a new Energy Union Tour.
This renewables auction will allow the different technologies to compete so that the cost for the consumer is lowered. This new initiative joins the one that is already planned for the peninsula to be held within the first quarter of 2017 and will aim at the installation of 3,000 new megawatts before December 31, 2019.
The Government has announced today that the next renewable energy auction will be held within the first quarter of 2017. To this purpose, it has sent a proposal for regulations to the CNMC that will conduct a hearing process for its assessment by interested parties.
The Ministry of Energy, Tourism and Digital Agenda announces an increase of 600 million euro in remuneration for production facilities based on renewable energy sources, cogeneration and waste for the period 2017-2019.
There is complete unanimity among all parliamentary groups on the need to maintain the status quo of the social bond and that it continues to be financed by the electricity marketers, although, while hitherto this obligation applied only to the integrated ones, the new legislation will extend this obligation to all without discrimination.
The US photovoltaic sector hopes that the new president, Donald Trump, will not eliminate or cut the federal incentives currently being benefitted by solar energy projects in the country. Already on Wednesday, as a result of the election results, Glencore Plc, the largest coal operator, rose more than 7 percent in the US Stock Market […]
Álvaro Nadal will carry the ministerial portfolio of Energy, Tourism and Digital Agenda. To the already entrenched problems that the energy sector has in Spain – such as the coal issue and the situation of renewables, the controversial task of reviewing the licenses to nuclear power plants over the next ten years and the necessary […]