The proposed ministerial order issued by the Ministry of Industry on Friday to the National Commission of Energy (CNE) anticipates further increases in electricity bills. The text, seen by ABC, details that will keep the price of tolls for access to transmission and distribution, the rate that includes the regulated costs for both large and The kids consumers. Instead, give free,
wow cheap powerleveling, will to increase the amount fixed by the market travs auctions of energy, that last October the final bill more expensive by 4.8%.
Variation of the electric rate in Spain
While waiting for the promised and questioned increasingly more energetic agreement that articulates a mechanism against the growing deficit rate of the system, this new increase will be added, besides the above-October that recorded,
gaia items, the Pasdar January (2.64%) and VAT hike (2%) which entered into force in July. That is, if the current growth rate of prices of energy, the energy bill may rise between 2 and 3%, which is more expensive there will be more than 11% little over a year to December 2009 to January 2011 -.
Contain the receipt
The revision of October marked,
cheap ower leveling for wow, a turning point in energy policy. Unlike what happened in January and July, the government relied on energetic auction to secure the final cost of the light. In the months before the Executive bean applied these cost increases on regulated-half of the bill, because the price offered by the market was rather more moderate. After the summer, however, the rise in the price of energy has led the government to freeze the cost covered to contain the rise of light. One measure that may further extend much more.
The beat of the industry and take for granted the rise. The president of the employers electric (UNESA), Pedro Rivero, indicated two weeks ago that futures markets predict a rise in the auction, which will celebrate the upcoming Tuesday, between 4% and 5% more than what was in the pag held to determine prices for the fourth quarter.
Without brake on deficit
The paper reserves, also, a section for jet market prices. The deficit rate gap-the difference between the cost of the income earned energay regulated activities in 2011, increasing by about 3,000 million euros (2,793,401), against a target of 2,000 million Bean was proposed by the Ministry of Industry in the same period PURPOSE collected in the Royal Decree approved in September last year to eliminate the deficit progressively until 2013, when the system must be able to find a balance between expenditure and income.
The numbers are still out, despite efforts to accelerate the placement of the additional cost in the markets through a program of emission of bonds. A maneuver that an not being realized due to panic among investors triggered by espaola PUBLIC debt and that, although the registration booklet covers a period of analysis of demand concludes today, seems to not start until next year, according to business sources.
In particular, according to EP collects the income of the system elevarna 12.709 million, below estimates of costs, which Sitan at 15.757 million. Of these, 7.989 million belong to the regulated production of electricity, transport and 1,531 to 5.098 million to the distribution. The remaining 3.186 million deficit due to the rate for previous years.
Unacceptable change
The amount of light thus starts his climb particular, bleeding in a little more social cuts and high unemployment, without any sign a short-term alternative. The price increase affects households and SMEs benefiting from the rate of Last Resort (TUR), those with a contracted capacity below 10 kilowatts (KW). Meanwhile, the government is studying the Industrial Politics Comprehensive Plan 2011, which provides lower to 3 kW the maximum by which consumers can turn to the LRT.
Indeed, the Espaola Confederation of Housewives, Consumers and Users (CEACCU) tach yesterday as unacceptable the claim of the Ministry of Industry to expel the TUR, with this new measure, 90% of users before July next year. The organization stresses that, in practice, the rules restrict so only three million of the 24 million today, the number of consumers who may use the regulated tariff. Many of the parameters taken into account for the Computation of the fare, as the costs of generation, are not crebles and have been put in evidence by both the National Commission Competition (CNC), for its own National Commission of energy, aadi the organization.
Iberdrola, a leader in U.S.
Iberdrola Renovables has completed the construction of three new wind farms in the United States operation that allow the multinational espaola increase its installed capacity at 264 megawatts (MW). The subsidiary of the company headed by Ignacio gallon has set up the wind farm in Elm Creek II (Minnesota) of 149 MW, the Dry Lake II (Arizona), with a capacity of 65 MW, and the wind farm in Big Horn II (Washington), 50W.
The construction of these plants has allowed Iberdrola Renovables consolidated as the second largest U.S. thruster, exceeded only by Florida Power Energy, and installed between January and June this year 600 MW, approximately half the new capacity installed in the American country during this period (1,239 MW), representing 35% of full power in the world (11,406 MW). Iberdrola Renovables than thus, 10% of U.S. market share (10.5%). Both lie in Cancun, the maximum charge of Iberdrola held yesterday a meeting with Felipe Calderon, Mexican president, in which he highlighted the commitment of the Spanish electricity to invest 400 million dollars (301 million euros) during the two coming years in the Spanish-American country. Iberdrola, which has an installed capacity of more than 5,000 megawatts in Mexico, it accumulates as an investment of 2,700 million dollars (2,033 million euros) in this country.
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