The CAE System, governed by RD 36/2023 and Order TED/815/2023, requires all energy savings transfer agreements to include a clear compensation expressed in €/kWh, whether monetary or in kind. It is not permitted to condition the payment to future or uncertain events, such as the market price of the CAEs.
The carbon credit market in Spain is subject to third-party verification through the Carbon Footprint, Offsetting, and Carbon Absorption Projects Registry. This entity ensures that the generation of carbon credits complies with the characteristics of the registered project.
Overview of the regulatory framework and the typology of energy storage facilities in Spain, focusing specifically on access and connection permits, environmental authorizations, and eligibility for capacity auctions related to battery storage.
The practical use of CAE system files by different agents raises some interpretive questions that need to be considered for a verification process that is both rigorous and useful for the system to collect the corresponding savings.
Royal Decree 1183/20 requires energy consumption and demand facilities in Spain to provide an economic guarantee to the competent authorities, amounting to €40/kW.
Energy storage is a key element in transitioning to a more sustainable energy system. We explore the current regulatory framework in Spain and analyze energy storage methods and the specific conditions for their implementation.
In the CAE system, the “delegated entity” is the agent that can assume, by delegation, the energy savings objectives of the obligated entities. This article discusses the requirements to obtain accreditation as a delegated entity.
In Spain, the responsibilities of the designated party within the CAE system are executed by entering into the delegation agreement, which outlines the commitment to achieve the agreed-upon energy savings as per RD 36/2023. Article 10 of this royal decree details the specific characteristics of this agreement.
In Spain, Energy Savings Certificates (CAE) can be bought and sold after validation and registration in the National Registry of Energy Savings Certificates.
The minimum content of the CAE Agreement, designed for the procurement or transfer of energy savings by a delegated or obligated entity, is outlined in Order TED/815/2023, dated July 18th. This order partially elaborates on Royal Decree 36/2023, of January 24th, governing the system of Energy Saving Certificates in Spain.
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