The Government intends “not to raise the regulated costs of the system and reduce them progressively” and reiterates its commitment to reach a sufficient degree of consensus to successfully realize the long-term energy transition. This was asserted by Secretary of State for Energy Daniel Navia, who participated on Friday in the thirtieth edition of the Energy Balance corresponding to 2016 and prospects for 2017.
Navia presented the main lines of action of the Government’s energy strategy in the medium and long term, based on five main axes: the financial sustainability of energy systems, the energy price and the most active role of the consumer, compliance with Environmental objectives, energy efficiency and the European dimension.
As regards the environmental targets fulfillment, he placed Spain as one of the countries at the head of Europe. He also referred to the European dimension and to the need for Spain to be increasingly integrated into the European energy market, for which he considers the interconnections with Europe to be fundamental and recalled “although we have improved, we have not reached the 10% committed“.
During the ceremony, which took place in the College of Engineers, Roads, Channels and Ports, the Secretary of State for Energy stated, with reference to energy prices, that the Government intends “not to raise the regulated costs of the system and to reduce them progressively “and reiterated the Executive’s commitment to reach a sufficient degree of consensus to make the long-term energy transition successful, says Enerclub.
A State Pact for Energy Transition
Throughout their speeches, the speakers have agreed on the need to have a great state pact that defines the road to energy transition. On the other hand, after noting the moderate increase in consumption in the first months of 2017 compared to the same period of the previous year and despite forecasts of economic growth, around 2.5%, are slightly lower than previous forecasts, the experts have been “moderately optimistic” with the current year.
Some of the main indicators highlighted during the day were:
• Primary energy grew by 0.2% and final energy by 1, 5%, compared to 2015.
• Electricity demand has maintained the positive trend started the previous year, with a moderate increase of 0, 8% compared to 2015. However, production declined (-2.2%), evolving from export to import balance. This difference between production and consumption is due to the import balance of 2016 compared to the export trend of recent years.
• Lower participation of coal in electricity generation (19.7% in 2015 and 14.3% in 2016) taken by hydraulics (11.7% in 2015 and 15% in 2016), with the rest remaining at similar levels.
• Gas demand grows by 2.1% in 2016 and the forecast for 2017 is + 1% vs. 2016.
• Combined cycles played a key role in the last quarter in a scenario of low hydropower and wind production.
• Spain is on the right path to meeting the 2020 targets. By 2016, 16.2% of the final energy was from renewable energies (excluding biofuels).
• Energy dependency is reduced by 1.5%, reaching 72.3%.
• The share of renewable energies in the generator mix reached 38.5% and emission-free generation exceeded 60%.
• Demand for petroleum products has grown 1.8% vs. 2015, in line with economic growth.