• Ribera removes the premiums for renewables from the electricity bill to lower electricity by 13%

The big oil companies warn that the transfer of the cost of the premiums from renewables to other energies such as fuel and gas will have a strong impact on millions of drivers. According to the first calculations made by the sector, the cost of gasoline and Diesel for automotive will increase by

7 cents per liter

once these companies assume the 2,085 million euros that correspond to them with the change. In percentage terms, the increase will be 6% in the c

Inco years that will last the transfer of the cost of 7,000 million euros that currently supports the electricity bill. The oil companies warn that the maneuver of the Ministry of Ecological Transition will only entail that the consumer "pays with his left pocket what he has been paying so far with the right ", since the price of electricity will be reduced but that of hydrocarbons will become more expensive. The preliminary draft designed by the vice president

Teresa Ribera

proposes the creation of a fund to finance the sunk cost of aid for investments in renewable energies undertaken in the first decade of the century.

This fund will be financed by electricity, oil and gas companies based on their energy sales.

These groups will then be able to pass on the cost to their customers. For their part, the large electricity companies value the draft "very positively" because "it gives coherence to the decarbonization process and is a boost to the energy transition process."

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