THOUGHT PIECES
Our thougths in the media.
A Green Certificates market as an alternative to renewable auctions
Why does the EU Emission Trading Scheme (“ETS”) market work? It is not out of major polluters goodness of heart. If a major polluter forms part of the EU ETS and does not have sufficient EU Allowances (“EUA”) to cover their annual emissions, they will face penalties...
COVID-19 will bring back the tariff deficit in the electrical system
COVID-19 has meant the application of social and economic measures never seen before in Spain, or in the rest of the World. The measures of confinement and hibernation of the economy, during the months of March, April and part of May, have led to important changes for...
Are renewable auctions required in Spain?
Today there is a great appetite in the market for developers and investors, both national and foreign, to develop and build wind and PV assets in Spain. Evidence of this can be found in the immense amount of access and connection permissions approved for these two...
Notes on the PPA’s counterparty guarantees
Why does the EU Emission Trading Scheme (“ETS”) market work? It is not out of major polluters goodness of heart. If a major polluter forms part of the EU ETS and does not have sufficient EU Allowances (“EUA”) to cover their annual emissions, they will face penalties...
Renewable auctions may block renewable development
Portugal carried out an auction for 1.4 GW of renewable capacity and has achieved spectacularly low prices.We were recently surprised by the news that, here in Spain, the Ministry for Ecological Transition plans to apply the same model of electricity auction used in...