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The Government will promote 62,800 million in renewables until 2020

The Government calculates that the new Renewable Energy Plan (PER) for the period 2011-2020 will mobilize investments of almost 62,800 million euros, of which 55,743 million will correspond to electricity activity, 6,279 million to thermal and 775 million to biofuels, according to the draft presented yesterday to the autonomous communities, to which Europa Press has had access.

To mobilize these investments, the Government plans to dedicate 1,195 million in subsidies and financing lines, while consumers will dedicate a total of 18,534 million through the receipt of electricity to pay premiums for renewables. In total, the cost of the PER amounts to 20,013 million.

However, the Ministry of Industry assures that the economic benefit of the plan will be 25,954 million and will "widely" exceed the costs. Thanks to the installation of new 'green' power, the economy will save 15,081 million in gas imports, 6,428 million in diesel imports, 878 million in gasoline consumption savings and 3,567 million in lower CO2 emissions.

In addition, there are other associated benefits, including the creation of 84,414 jobs and a contribution to national wealth that could amount to 33,607 million. The Government estimates that renewables currently employ more than 70,000 people in Spain directly, and another 45,000 indirectly, so that in 2020 could reach 200,000 workers in the sector, 83% more.

- Publicidad -

By technologies, the draft assures, it will be the photovoltaic sector that will raise employment the most, 37%, ahead of 22% of solar thermal and 23% of wind.

WEIGHT OF PREMIUMS.

The plan, which will focus on more mature technologies, such as wind, aims to halve the weight of premiums on the cost of the electricity system. If at present these incentives are equivalent to 21.4% of the total, in 2020 they will represent 10.1%.

Renewables will cover within ten years about 40% of final energy consumption thanks to the weight of these sources of 20.8% in the 'mix' of electricity generation and the mixture of biofuels in fuels, of 10% in 2020.

Wind will go from 20,744 megawatts (MW) installed in 2010 to 35,000 in 2020, and will have an additional 750 MW of marine energy. Meanwhile, photovoltaic will go from 3,787 MW to 7,250 MW, which contrasts with hydroelectric, which will retain around 13,000 MW of power.

The draft also calculates that wind will reach its level of competitiveness with the market in 2014, which could allow it to operate without premiums, while ground photovoltaic will do so in 2023 and roof photovoltaic, in 2024. (EUROPA PRESS)

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