nanarchy said:
wasn't that due to spain having massive solar deployments due to really badly done subsidies that resulted in power generation costs not being covered by the sales of that power? hence the need to raise revenue from the solar sector that had been massively subsidised. |
Nope. Energy companies in Spain have been making record profits for a long time. The "costs not being covered" is a lie because energy companies inflate generation costs as there's no control over it. If you sell your product below its true generation cost you don't make a profit.
The consequence of the terribly planned subsidies (companies getting paid per mw/h from renewable sources) were that some companies abused it and tried to pass energy produced from fossil fuel as renewable energy to make even more money. We even had sun plants producing energy at night.
This new tax isn't only against the renewable sector. It's against the guy who want some independence from Endesa & co so you can't escape from them. Basically if you generate your own electricity from a renewable source and you're connected to the power grid you have to pay for the energy you produce.