The CAE Agreement in Spain: Parties and ProvisionsThe 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.Read more
The Energy Savings Certificates (CAE) System in Spain: Origins, Stakeholders, and ProcessThe Energy Savings Certificates (ESC System or CAE System in Spain) is a mechanism that incentivizes companies in Spain to invest in energy efficiency under government oversight. It functions by issuing electronic certificates (ESC), which verify the final energy savings achieved after implementing an energy efficiency performance. Additionally, it involves the establishment of a new economically relevant market for trading these instruments with third parties.Read more
Becoming a Balancing Service Provider (BSP) in electricity trading in SpainBecoming a Balancing Service Provider under Red Eléctrica Española involves meeting specific criteria that include financial, technical, and legal aspects. It requires demonstrating economic solvency and technical and operational capacity. Additionally, obtaining authorization to access the electricity grid and strict compliance with regulations are necessary to ensure transparency and efficiency in the electricity supply.Read more
Alternatives to energy commercialisation in SpainIn Spain, the trading status is necessary to sell or resell energy on the market, a lucrative activity, although burdensome in practice for some market players. Collective self-consumption, and the approach of a specific contractual structure, stand out as alternatives to energy commercialisation.Read more
Spain speeds up environmental permits for renewablesThe approval of temporary regulations by the EU and the Spanish Government to speed up the processing of EIS (environmental impact statements) provides an incentive to boost the development of renewable energy projects in Spain.Read more
The European Commission sets the requirements for green hydrogen in the EUIn line with the European strategy to increase the production and use of renewable energy, the European Commission has promoted renewable electricity to produce renewable liquid and gaseous fuels of non-biological origins, such as hydrogen. To this end, it has defined the requirements that hydrogen and other hydrogen-based fuels must meet to be “green”, reducing some of the legal uncertainty.Read more
What is collective self-consumption?Self-consumption is how a person or company supplies itself with electricity through its installation, instead of buying it from a supplier. Collective self-consumption is a modality in which several persons jointly use a photovoltaic installation to benefit from the energy generated without registering as marketers.Read more
Green hydrogen, the substitute for fossil fuelsHydrogen is a highly reactive chemical acquired through a process known as electrolysis by which electrical currents facilitate the breakdown of water molecules into oxygen and hydrogen.Read more
Energy trading in Spain: requirements and market playersEnergy retailers are companies that access the transmission or distribution networks, acquire energy and sell it to final customers. Registration as an energy retailer company requires fulfilling some requirements.Read more
Regulatory framework of green hydrogen in SpainHydrogen production is an industrial activity classified within the chemical industry to produce inorganic gas. Its regulatory framework is still limited in Spain; hence, the application of other regulations prevails.Read more