Objective 2020
To expand the consumption of renewables, 3 auctions have been held, in fact the last one was held a few days ago.
The auction has ended with the award of 5.037 megawatts. This result is surprisingly something if we count with the 3.000 megawatts that were initially anticipated.
According to the Ministry of Energy there has been a huge demand for energy and this has made it necessary to apply the clause provided for in the call. This clause (if this situation had to occur) allowed to increase the power that was awarded and this has finally been the case. Of the more than 5.000 megawatts that have been distributed among forty companies, 3.909 megawatts correspond to photovoltaic installations and 1.128 megawatts to wind farms.
ACS
ACS was the great winner of the renewables auction on this occasion. Through its subsidiary Cobra has taken more than half of what the Government auctioned, specifically 1.550MW of photovoltaic solar power.
El grupo Forestalia has been awarded 316MW of photovoltaic energy also in the bid held by OMIE this Wednesday. In addition, Enel Green Power España, owned by Endesa, has managed to acquire 339MW.
All companies have managed to enter the bid with offers at the maximum discount that allowed the auction, which was 65% of the standard investment value of a photovoltaic plant. This discount is higher than in the May auction, when it was at 59%.
The group company chaired by the president of Madrid by Florentino Pérez, specialized in seComprehensive services of electricity, gas, communications and railways, thus becomes the winner ahead of XElio, with 455 MW; Endesa, through Enel Green Power, with 339 MW; the Forestalia Group, with 316 MW (in the previous one it took 1.200 of 3.000); Gas Natural Fenosa, 250 MW, like Solaria; Opde, 200 MW; Prodiel, 182 MW. Gestamp, which owns 20% of XElio (80% was sold to the KKR fund), has been awarded 24 MW. Alter has achieved 50 MW and Alten, 13 MW.
However, the award of this energy has guidelines to follow and conditions to meet: the projects will have to be in operation before 2020. This is done to ensure compliance with the proposed projects and is carried out as follows: as the promoters meet the milestones in the execution of the projects, the offers received will be returned to them. In this way, it becomes a guarantee system that ensures that the awarded energy will be used for the creation of renewable energy projects.