REGULATION: OUR VISION
Moving towards a modern and sustainable energy framework
The electricity sector is currently undergoing an exciting time of changes, aimed at achieving a new energy model with higher penetration of renewable energies and a higher dynamism and greater importance of customers. To achieve this, the regulatory environment is key to ensuring the sustainability of the system and guaranteeing a safe and quality supply of electricity.
1. OUR GENERAL VISION
We are migrating towards a scenario with a higher penetration of renewable energies.
The electrical system needs firm and flexible power.
The electricity grid allows the integration of distributed resources.
All contaminating sectors must contribute to the fight against climate change.
Society is now more aware of the vulnerable customer concept.
Competition should be encouraged where this is possible.
1A. OUR VISION: DECARBONISING THE ECONOMY
We back the goal of decarbonisation and take a leading role.
Renewables and firm capacity facilities require remuneration schemes that complement the price of electricity.
A strong signal that represents the price of CO2 is required to facilitate the change from fossil fuel power stations to gas power stations.
The finance model for climate action needs to be changed.
1B. OUR VISION: THE ELECTRICITY SECTOR OF THE FUTURE
The grid is the backbone of the electricity sector of the future.
The tariffs applied for the use of the electricity grid must be upgraded according to the actual fixed and variable costs.
The current remuneration model for distribution networks should be complemented to reflect the new type of investments.
The climate action costs should be removed from tariffs and the new information should be provided via the smart meters to encourage competition.
The electricity market must create an adequate atmosphere for the investment in renewable energies and in power plants with a firm and flexible capacity for low emissions. To do so, its design must be updated.
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PRICE OF CO2
The price of CO2 must incite the development of clean energies and reduce the technologies and energies that produce the most emissions. The design must be improved to make it really effective.
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The electricity system must make it possible to sustainably develop self-consumption. Successful integration depends on correct regulation.
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DECARBONISATION: AGAINST CLIMATE CHANGE
To decarbonise the economy, all energy sectors (electricity, gas, fuels, etc.) must contribute to reducing emissions and to developing renewable energies.
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The connectivity afforded by the grid minimises the investment required to guarantee electricity supply and increases system efficiency. The regulatory system must guarantee the evolution of the network towards an integrating platform.
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