The president of the Spanish Association of the Electrical Industry (Unesa), Eduardo Montes, considered that 2013 was a year of “turning” for the electricity sector, energy reform measures has meant ” very harmful “to companies but, however,” was necessary and will lead to a deficit of zero tariff and regulatory stability. “
” Although the law has hurt us in a major way The reform was necessary.’s government has taken very damaging to the sector measures, but it is nevertheless true that the tariff deficit, if everyone does what it has to meet, it will be this very small year or practically zero, and that is good news, “Montes said at a press conference to present the Report-Statistics-Report 2013 Electrical Unesa.
The tariff deficit in 2013 amounted to 3.189 million euros , so that was 43.1%, lower than the deficit of 5608 million euros the previous year. This deficit figure was reached, however, after reducing virtually all items of costs covered.
Montes noted that regulatory changes are intended to “balance the deficit,” with a structural deficit of 10,500 million a year the electricity sector.
So, said that in this game, the distribution has been cut by about 1,300 million and traditional activities have paid about 2,450 million euros, while that power has been increased tax 1,500 to 1,600 million euros. “We fought from Unesa every effort to make the law were different, and has reached what has come,” he said.
In this regard, he stressed that the electricity reform introduced new tax burden for power generation which has been a reduction in the profitability of the distribution business and has not moved towards greater market liberalization. political costs, pending also warned that the political costs including electricity bill is “still the main unresolved issue” of reform, as it is the cause of the receipt electricity in Spain is one of the highest in the European Union, even though the price of energy efficient compared to the European environment.
In addition, alongside the political costs on the invoice, Montes said there are two other “crucial issues” for the sector, such as market liberalization and combined cycles. In respect of the combined cycle, stressed that if you want to maintain necessary “change the system of capacity payments” because today should not operate beyond the 50-60% of the installed system and a very low .
On the behavior of light fare throughout 2014, with an expected drop in about 4% of the Government, Montes said it was “difficult to forecast” even if all follows a similar pattern to which statistically may often be around average this year a fall. “ Earn 32% The companies forming Unesa -Endesa, Iberdrola , Gas Natural Fenosa, EDP and E.ON- obtained a net profit of 4,187 million euros in 2013, 32.6% more than in the previous year., as recorded in the Statistical Report-Report Electrical employers, this result was atypical, because in 2013 an extraordinary income from corporate tax, following the updating of assets governed by the rules of revaluation is recorded.
The profit before tax of the consolidated Unesa companies registered down 14% on 2013, to 3.682 million euros. The turnover in 2013 reached the big electrical 21,872,000 euros, representing a fall of more than 3% over the previous year.
In addition, electrical Unesa invested 2.278 million euros in 2013 in Spain, 29% less than the 3.213 million euros the previous year. In this regard, Eduardo Montes noted that in 2013, despite the difficult economic situation, large electrical maintained their level of investment in electricity assets in Spain, representing “an important engine for the Spanish economy.”
also stressed that this decline in investment is explained “by the market pressure for companies to reduce debt, weak growth prospects and demand their own limits imposed by regulation on investment in distribution assets “. Less power consumption In this exercise, the net electricity consumption in Spain was 239,540 million kilowatt-hours (kWh), representing an annual decline of 2.5%, compared to 245.687 million kWh last year, ranking electricity consumption in 2013 similar to those of 2004 and continuing the downward trend of recent years levels.
With regard to the electricity production in 2013 reached 286.512 million kWh, 3.9% less than in the previous year. For large parts, production of conventional park meant 58.8% of the total production of Spain and the specific remuneration regime (special arrangements old) contributed the remaining 41.2%.
The electric power It was installed 107,811 megawatts (MW), representing an increase of 0.7% compared to 2012 increased Stressed experienced solar power of 452 MW, hydropower (202 MW) and wind (149 MW) .
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