Spain has "far exceeded" the objective of implementing renewables for 2010 by placing the weight of these energy sources on the total electricity generation at 35%, which is six points above the 29% expected, according to sources from the Ministry of Industry.
Industry also defends its ability to reach "by mutual agreement" pacts with the wind and solar thermal sectors, while recalling that "it was not possible to understand" with photovoltaics, despite the fact that "the Government has put all its will" in bringing positions closer.
On the other hand, the sources maintain that the regulatory changes introduced are "absolutely legal and guarantee sufficient profitability for the affected facilities", while describing them as "necessary to guarantee the viability, stability and sustainability of the system".
Along with this, they assure that the "adjustments" are "proportionate" and "in no case go against the principles contained in the Community and Spanish legislation, neither in the letter nor in the spirit". On the contrary, they point out, "they give visibility and certainty by resolving some elements of unsustainability."
These industry statements come in response to Energy Commissioner Günter Oettinger's warning to Spain that "retroactive" cuts in renewable premiums are not acceptable, despite the budgetary problems caused by the crisis, because companies need security to plan their investments.
The EU Executive assures in a study presented yesterday that Spain has only made moderate progress towards the indicative target of 29.4% of renewables, while in transport it is far from reaching 5.75% of biofuels.
(EUROPA PRESS)
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