Taxing The Sun

Unlike majority of European Countries, Spain is about to enact a new law that will potentially discourage citizens from the usage of solar panels and batteries. Jose Manuel Soria, minister of industry, energy and tourism, has announced that they are almost ready to enact the country’s new solar tax.

The law would apply two new taxes on the self-consumption of solar energy. Firstly, a taxation on the installation of self-consumption systems and storage technology. In addition to this, a levy of €8.90 per kW would have to be paid for residential consumption, and up to €36.00 per kW for medium businesses.  This would apply to grid-connected solar PV installations of up to 15kW and only off-grid PV systems are exempted from the tax.

A widely unpopular legislation, the new law has seen an overwhelming negative response. It was opposed by more than 18,900 people during a 15 day consultation period. An online petition against the tax was also signed by more than 188,000 citizens within a week and has also received a opposing feedback from Spain’s National Commission of Markets and Competition.

The Spanish government is pushing to have the legislation passed before the general election which is predicted to take place at the end of this year.

If you want to know more about this and other topics directly from end users of energy storage technologies join us at one of these annual events: The Energy Storage World Forum (Grid Scale Applications), or The Residential Energy Storage Forum, or one of our Training Courses.

LATEST ARTICLES

Future energy predictions: Growth of flexibility and grid forming

  It is well known that COVID-19 has caused low energy demand and the growth of renewable energy across Europe. Now, Andrew Tang, Vice President for Energy Storage at Wärtsilä, predicts this will result in swift action to build better grid resiliency. The share of renewable power across Europe has skyrocketed over the last six…

Read More

The UK National Energy Grid – A Story of Islands, Trading, and Energy Storage

As first seen in Energy Global, grid software acts as a modern-day map, helping to chart and navigate today’s energy grids; software engineers are tasked with carefully delineating how each region’s energy markets operate. However, looking more closely at energy markets makes clear how unique each market is – each defined by different topography, resources,…

Read More

★REVIEWS

“Probably the most interactive and well organized storage event on the calendar.”

★★★★★

Sales Director, S&C

“Great topics, competent speakers, good networking: keep it like that.”

★★★★★

TLC & SCADA Manager, FRI-EL

“High scientific content, well targeted, perfect organization.”

★★★★★

Expert Technical & Governance, Elia

Excellent networking event. The sponsorship was well worth it.”

★★★★★

Manager, ATL

View More

x