It is expected that there will be more than 100,000 photovoltaic installations in Spanish homes by the end of 2021
The Government will allocate 900 million euros to the self-consumption of the Next Generation recovery funds
The great debate on consumption in recent months is being the continuous increases in the price of electricity angola mining companies email list, which has marked historical figures and that this Friday already exceeded 117 euros per megawatt-hour (MWh). The main reason for the increase is found in the high prices of emission rights and the rising cost of natural gas that have turned the invoice into a document where distribution costs account for 50%, while only 24% is in itself the price of energy. Nothing indicates that prices will fall in the near horizon, despite the reduction of VAT on electricity approved by the Government and against this, self-consumption initiatives are being reinforced.
Self-consumption is based on the generation of energy in a place close to where it is consumed
It is a generation scheme based on electricity production at the same point where it is consumed or in a nearby place and allows users to have some sovereignty over the energy section. The main expression of this formula are photovoltaic panels and the operators who market them argue that the main points of interest of the model are savings, in the short-medium term, because the initial investment of the installation is important; and sustainability, since it implies using clean energy.
Self-consumption has gained strength in recent times and in fact last year 40,000 solar installations were connected on rooftops and by 2021 Spain is expected to reach 100,000 accumulated installations in a significant progression. And this has been possible thanks to the repeal of the tax on the sun that took place in 2018, a rate that implied a toll for the use of photovoltaic installations and that greatly hindered expansion in one of the countries with the highest solar radiation, A circumstance that Spaniards also want to take advantage of, since according to a study carried out by Galp, 68% would value the option of switching to this formula as a saving measure socialposts.
