Spain

MIBGAS – A fast growing market

By | 2020-02-25T15:36:16+00:00 February 25th, 2020|Categories: Energy Markets, Featured, Gas, M·Blog, Spain|Tags: , , |

After the shale revolution that boomed the gas market in the U.S.A. and the climate act in China, that intended to rapidly shift from coal to gas in 2017, 2019 was the year that natural gas reshaped the energy mix in Europe. In Spain, this commodity changed dramatically the energy mix as well as the energy [...]

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The status quo of “Demand Response”

By | 2020-02-18T12:26:57+00:00 February 18th, 2020|Categories: Electricity Markets, Energy Markets, Featured, M·Blog, Spain|Tags: , , |

The electricity grid must always be in balance, which means that, at each moment, production must equal consumption. This is a well-known premise and is where the complexity of the electricity market lies. It is well known that the demand for electricity throughout the day and throughout the year is not flat: there are hourly and [...]

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The Energy Transition and International Conferences

By | 2020-02-13T14:47:52+00:00 February 13th, 2020|Categories: Energy Markets, Energy Policies, Featured, M·Blog, Spain|Tags: , , |

The Conference of the Parties (COP's), the Davos Forum, the General Assemblies of the United Nations...little by little the objectives of the international summits begin to have a direct interconnection with the Sustainable Development and the publication of measures at the national level. On Tuesday, the 21st, the date of the Davos Forum, the Council of [...]

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Changes to the methodology for calculating transport and distribution fees

By | 2020-01-29T12:07:55+00:00 January 29th, 2020|Categories: Electricity Markets, Energy Policies, Featured, M·Blog, Spain|Tags: , , |

Last Friday the 24th of January the new methodology for the calculation of distribution fees was published in the BOE, after being already communicated in the CNMC circular of last 15th January. With this publication we enter the next phase of the change in methodology that was initiated, debated and contested last year, and about which [...]

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THE HISTORY IN SPAIN OF SELF-CONSUMPTION WITH COMPENSATED EXCEDENTS

By | 2020-01-22T15:29:34+00:00 January 22nd, 2020|Categories: Electricity Markets, Energy Policies, Featured, M·Blog, Spain|Tags: , , |

In the Winter package is the directive 2018/2001 whose article 21 on renewable energy self-consumers includes the following message: “Member States shall ensure that self-consumers of renewable energy, individually or through aggregators, have the right to: a) generate renewable energy, including for its own consumption, store and sell its surplus of renewable electricity production,,” A message [...]

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Spain towards the famous demand aggregator

By | 2020-01-14T13:25:20+00:00 January 14th, 2020|Categories: Electricity Markets, Energy Markets, Featured, M·Blog, Spain|Tags: , , |

In a previous blog, we had already talked about the mechanisms through which Red Eléctrica de España (REE) managed variations in production and consumption forecasts. We recall that management was limited to the supply side, with conventional electricity generation sources and then wind generation, adapting its programmes to resolve the technical restrictions of the system. However, [...]

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Climate Change Summit 2019 and the challenges of the energy sector in Spain

By | 2019-12-10T11:29:15+00:00 December 10th, 2019|Categories: Energy Markets, Energy Policies, Featured, M·Blog, Portugal, Spain|Tags: , , |

2019 seems the year in which the climatic emergency rises in the scale of concerns in the so-called developed world. The headlines range from apocalyptic alarmism to those who deny that we have any kind of responsibility in the process. In this scenario, governments announce increasingly ambitious and close decarbonization and sustainability objectives. However, at each [...]

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Is there an excess capacity in the Spanish electricity grid? What is being done?

By | 2019-11-20T15:20:13+00:00 November 20th, 2019|Categories: Electricity Markets, Energy Markets, Featured, M·Blog, Spain|Tags: , , |

In a context of economic contraction, where the debate is centred on whether or not the crisis will turn into a recession, the installed capacity of our generation stock continues to grow as a result of the wave of new renewable generation and the promise of electrification of industry and transport. Evolution of electricity demand The [...]

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Why is the gas market down and what to do about it?

By | 2019-11-05T09:46:26+00:00 November 5th, 2019|Categories: Energy Markets, Featured, Gas, M·Blog, Portugal, Spain|Tags: , , |

European prices of natural gas have been breaking record lows on spot markets, leading to the questions such as: how did it happen? Is there a floor price? What will happen? For the purpose of this article we will focus mainly on the TTF market because it’s currently is the most liquid market in Europe and [...]

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IS IT PROFITABLE TO BRING US LNG? TO SPAIN?

By | 2019-10-24T15:42:22+00:00 October 24th, 2019|Categories: Energy Markets, Featured, Gas, M·Blog, Spain|Tags: , , |

Spain has been characterized by having more natural gas (NG) inlets per tube than the liquefied natural gas (LNG) inlets. According to the latest Enagás report on the gas system, supplies in the form of natural gas (NG), 57%, exceeded in 2018 those of liquefied natural gas (LNG), 43%, for the sixth consecutive year. This mix [...]

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