← All news

Spanish government plans to back PPAs for energy-intensive industry

Thursday, 20 February 2020

Kevin Lim

  Interactive charts, tables and graphics removed. Subscribers see full content

The Spanish government has drafted two laws directed at energy-intensive industrial consumers to help ease the burden of high electricity prices through access to state aid, while also encouraging renewables development through Power Purchase Agreements (PPAs).

The first law would allow energy-intensive consumers to recover up to 85% of the costs associated with the additional expense of sourcing renewable electricity. Eligibility of these industrial consumers would be defined by their historical electricity usage patterns.

T...

Interested in Green Certificate pricing, insights and analytics?

Contact us to get a free trial.