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Energy storage strategy in Spain 2030-2050. What can we expect from the new regulation?

By | 2021-02-16T10:59:34+00:00 February 16th, 2021|Categories: Electricity Markets, Energy Markets, Energy Policies, Featured, M·Blog, Spain|Tags: , , , |

In line with the National Integrated Energy and Climate Plan 2021-2030 where the Government has developed a new regulatory framework for renewables and a national strategy for self-consumption, among others, the Council of Ministers last week approved the Energy Storage Strategy. In this blog we will comment the fundamental aspects of this regulation and how it [...]

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CIRCULAR 3/2020: THE REFORM OF THE ELECTRICITY TARIFF SYSTEM IS NOW A REALITY WITH THE NEW RESOLUTION RAP/DE/003/20

By | 2021-02-11T08:41:16+00:00 February 10th, 2021|Categories: Energy Markets, Energy Policies, Featured, Gas, M·Blog, Oil, Spain|Tags: , , |

After more than a year since the publication of Circular 3/2020, its complete reform of the Spanish electricity tariff system is no longer uncertain. The planned changes that everyone hoped to avoid are now here to stay. Last year, at this same time, we faced one of the most hotly contested directives of 2020, the famous [...]

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The low hanging fruit for hydrogen

By | 2021-02-02T10:20:15+00:00 February 2nd, 2021|Categories: Energy Markets, Energy Policies, Gas, M·Blog|Tags: , , |

In December 2019, the European Commission presented the European Green Deal, an ambitious package of measures that should ensure that the EU meets its climate goals, while enabling European citizens and businesses to benefit from a sustainable green transition. In that sense decarbonization technologies are ramping up to mitigate the buildup of greenhouse gases and to [...]

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PURCHASING CONSULTING VS RISK MANAGEMENT

By | 2021-03-15T16:27:04+00:00 January 26th, 2021|Categories: M·Blog, Portugal, Spain|Tags: , , |

This week's Post is different from the usual ones that we publish in Magnus Commodities, and it comes to think about the type of management when it comes to the purchase of Commodities, vs. other buying families where there is no market setting their price. SHOPPING, A NON STOP ACTIVITY The job of a Purchasing Director [...]

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What is going on with the European gas prices? From one extreme to the opposite

By | 2021-01-21T11:30:03+00:00 January 21st, 2021|Categories: Energy Markets, Featured, Gas, M·Blog, Spain|Tags: , , |

2021 starts with the hangover of a 2020 year to forget and a meteorological phenomenon that this winter has shaken the European gas markets. And by the way, it has contributed the wholesale power market break price records as well. All of this ended up in gas price levels never seen before (both for high prices [...]

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2020 in perspective

By | 2020-12-21T10:25:12+00:00 December 21st, 2020|Categories: Coal, Electricity Markets, Energy Markets, Energy Policies, Featured, Gas, Italy, M·Blog, Oil, Portugal, Spain|Tags: , , |

Everyone expected so much of 2020, setting it at an important milestone for the World with the globalization peaking and the technology and social barriers being tested constantly. On the other hand, the long trade war between US and China was weighing on the markets and a recession was on the edge. Despite that, no one [...]

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The USA and its return to climate change policies

By | 2020-12-09T15:07:04+00:00 December 9th, 2020|Categories: Coal, Energy Markets, Energy Policies, Featured, Gas, M·Blog, Oil|Tags: , , |

The effects of America's withdrawal from the Paris agreement on climate change were short-lived. President-elect Joe Biden has promised to rejoin the pact as soon as he enters the White House. Most countries are eager to welcome America into the club of those who care about it. In the last eight weeks, China, Japan and South [...]

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Electro-intensive industry costs in Spain and at European level

By | 2020-11-27T12:09:36+00:00 November 27th, 2020|Categories: Electricity Markets, Energy Markets, Featured, M·Blog, Portugal, Spain|Tags: , , |

Little by little the government is promoting big industry, but it still needs a bigger push to keep them in Spain in a competitive way and to contribute to the economic recovery, that is why it is necessary to increase the funds within the framework of the Electrointensive Statute. The electro-intensive The electrointensive industry is that [...]

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The new economic regime for renewable energy in Spain

By | 2020-11-18T12:33:51+00:00 November 18th, 2020|Categories: Energy Markets, Featured, M·Blog, Spain|Tags: , , |

On November 3, the Royal Decree on the Economic Regime of Renewable Energies (REER) was approved by the Ministry for the Ecological Transition and the Demographic Challenge. It is intended for new renewable power and will allow the hybridization between technologies and the expansion and modification of existing facilities and will be compatible with storage. According [...]

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The Three Percent Club on climate action

By | 2020-11-10T07:35:59+00:00 November 10th, 2020|Categories: Electricity Markets, Energy Markets, Energy Policies, Featured, M·Blog, Portugal, Spain|Tags: , , |

As we all know energy efficiency is central to energy transition and decarbonization strategies all over the world. That is why the IEA calls it the "first fuel" as it offers the cheapest, fastest, and cleanest resource for clean energy transition while addressing the immediate and significant threats posed by climate change. Just for you to [...]

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