The Electrointensive Statute will reduce the electricity bill of 600 industries by 262 million




The Statute of the Electrointensive Consumer will benefit some 600 industries with high electricity consumption, which will be reduced by 85% the charges of your bill, which will mean a joint saving of about 90 million which, added to the compensation for costs of CO2 (172 million last year), will increase support to these industries to more than 262 million.

According to government sources, the Ministry of Industry will take the new text of the Statute to public hearing tomorrow, which was revised after the National Commission for Markets and Competition (CNMC) warned that some of its measures could be considered by the European Commission (EC) as State aid.

Of the 600 industries that could benefit from the measures of the Statute of the Electrointensive Consumer - whose consumption is about 40,000 GWh per year (17% of the national demand) and that affect an environment of 300,000 workers - 153 are in Catalonia ( 25% of the total), 44 in the Basque Country, 31 in Galicia, 19 in Asturias and 19 in Madrid.

The new standard, which will be processed as a matter of urgency and that will no longer go through the CNMC after its observations have been incorporated, could be approved by the Council of Ministers throughout March.

The objective of the Statute of the Electrointensive Consumer is to improve the competitiveness of industries with high electricity consumption, which support differentials with their competitors from France and Germany of up to 20 euros / megawatt hour (MWh), although now the prices of the Iberian Market of the Electricity (Mibel) are converging.

The Statute will allow the charges that large electricity consuming industries pay on the bill, intended to finance the costs of renewables, high efficiency cogeneration and extra costs of non-peninsular territories, to be rewarded by 85%, amount which will be returned to the budgets of the Ministry of Industry, which will not affect the receipt of other consumers.

According to the Government, some 90 million could be returned to some 600 industries through this mechanism, an amount to which compensation for indirect costs of carbon dioxide (CO2) will be added for which last year the Ministry of Industry allocated 172 million of euros, an amount that you intend to expand in the General State Budgets that are approved.

Transitional mechanism

The Statute establishes a transitional mechanism to calculate the amount of charges that each consumer is paying effectively and, thus, be able to compensate it as long as the Government updates the charges of the electricity bill.

The third axis of measures is a mechanism for the coverage of long-term energy sale and purchase agreements (PPA) by the Spanish Export Credit Insurance Company (Cesce) through a fund , whose amount is yet to be determined, and other guarantees.

The objective of this measure is to encourage electro-intensive consumers to establish PPAs or long-term supply contracts with renewable electricity generation projects.

According to government sources, the objective is to generate a market where it now fails, as there are no ten-year contracts for industries with marketers and electricity generators, because the high guarantees required of industries are not provided by the market. , which means that now these contracts do not go beyond three or four years.

In order for industries to obtain these guarantees for PPA provided for in the Statute, they must contract at least 10% of their annual consumption for five years, once the fund has been launched.

Although the Statute does not refer to interruptibility auctions, a mechanism with which the electro-intensive industry has been compensated for its availability to lower or stop its consumption to meet the needs of the electrical system or curb the price increase, this mechanism is to be redesigned and will be different, reports Efe.


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