Since the second half of 2021, both Spain and Europe have been experiencing an unprecedented energy price crisis in recent history, with a high impact on domestic and industrial economies. This situation has only worsened since the Russian invasion of Ukraine began on February 24. For example, the cost of natural gas, which largely determines the price of electricity, has multiplied by five since last summer. In turn, oil has doubled its price in the last year.

To help mitigate the effects of this crisis on the economy, the Government has published Royal Decree-Law 6/2022, of March 29, which adopts urgent measures within the framework of the National Plan to respond to the economic consequences and social aspects of the war in Ukraine. Below, among the many measures set forth in it, we summarize some in the energy field for the industry and power generation facilities:

• Approval of a support mechanism to guarantee the competitiveness of the electro-intensive industry, consisting of a reduction in the electricity bill of 80 percent of the cost corresponding to the tolls for access to the electricity transmission and distribution networks applicable in 2022.
• Support measures for the gas-intensive industry, with direct line aid to companies in certain sectors (manufacturing of paper, glass, or ceramic products, among others).
• Update of the remuneration parameters of the facilities under the specific remuneration regime applicable to the year 2022. The new remuneration will be established by ministerial order within two months, in which the remuneration parameters established in Order TED/171/2020 will be updated. The price of the emission allowances will also be used to update the remuneration parameters. In any case, the review of parameters for the year 2022 is carried out in addition to the reviews provided for in the regulations.
• To finance the social bond, the unit value corresponding to the regulated subjects that carry out the power production activity will be €1.030790/MWh.

You can consult the full legal text at the following link:

https://www.boe.es/eli/es/rdl/2022/03/29/6