Renewables, the uncertainty in a sector with a great future

LA INCERTIDUMBRE DE UN SECTOR DE GRAN FUTURO

2013 will go down in history as one of the most dreadful, perhaps the most dreadful year ever, for the renewable energies sector. It is difficult when looking at everything that happened in the sector in 2013 to find anything positive. In fact, it is not easy to find much that is good since the year 2009, when the five big electricity companies in Unesa began an aggressive campaign against renewable energies.

The reason was that the economic crisis made their over-investment in combined cycle gas plants, which had been a terrible planning error, much more visible. In the free-for-all, renewables are accused of being expensive, of being solely responsible for the tariff deficit, of raising the price of electricity and, whenever the argument came in handy, of being the cause behind companies’ lack of competitivity. It remains to be seen whether they will also come to be accused of polluting and of not being locally-sourced energies.

FuturENERGY
The electricity lobby’s arguments swiftly started taking hold in the Socialist government and the Ministry for Industry implemented a series of administrative measures to reduce renewables’ revenues, at the cost of immersing the sector in constant legal uncertainty. Cuts and legal uncertainty that the Popular government has increased exponentially and which have turned us into one of the countries with the most international litigation.

Article published in: FuturENERGY January-February 2014