electrical info
Experiencing Increase Electricity System Cost
The tariff deficit is a debt of more than 13,500 million Euros caused because the electrical system costs are higher than income, and must be paid by electricity consumers. With the securitization market, consumers will return this debt to the power to make bond buyers.
Merrill Lynch analysts question whether bondholders will demand enough to place before the end of the year a first tranche of between 2,000 and 3,000 million Euros, and if the Government is willing to assume an interest rate of 5% “while a couple of months ago was close to 4%.”
These analysts also show their “concern” over the “structural” problems of the electrical system, making the deficit “continues to grow due to the lack of increase in rates access” of light. “The biggest difference in the bond interest rate could increase even more the system costs and thereby increasing the deficit,” he added.
For Nomura, the record in the CMNV Fund Debt Repayment Electric (Fade) is good news for power, especially for Iberdrola, but comes at a time of “sovereign risk and high volatility in the markets.”
“We still hope that there is a placement before year end”, but “there will be pressure to sound out the market over the next ten days, before they settle down before the Christmas holidays,” he says. “The current environment,” he adds, “is far from benign.”
For its part, Credit Suisse cited as a negative aspect of “market volatility”, but stresses the “commitment of the parties to conduct issue.” Also, remember that bonds have a life of between one and 16 years.
Finally, analysts at JP Morgan attributed the risks of the operation to the “macro-economic crisis” and doubt whether the market will have the capacity to address the issue. “Uncertainty remains as to whether markets are open to any placement,” they warn.
How New Energy Technology Centre in Seville
CTAER Foundation (Advanced Technological Center for Renewable Energy) has presented the first course of Specialization in Energy Information “The Power of Communication”, an initiative aimed at students and communication professionals, “and any related discipline” as well described in the syllabus, to provide “a real prospect of changes in the energy system.”
In the words of President CTAER, Professor of Thermodynamics, and Valerian Ruiz Hernandez: “Now, the key is communication. You need good communicators who understand well the complexity of the energy system and disclosed clearly to society of the problem, and solutions, that is. “
The Faculty of Communication Sciences at the University of Seville, from 25 to 29 October will be the place where more than 16 professionals in the field, from science, politics, business and communication (see attached) are make an appointment to pool knowledge and analysis of media reporting on the most important issues of energy: climate change solutions and the depletion of fossil fuels, energy systems in Spain and the world electricity market operation (the premiums to renewable the electricity bill …) fuel system performance, renewable energy technologies and new research, among other topics.
The syllabus also includes two activities outside the classroom, the first is a practical lesson on the bench in the Secular Superior de Ungenerous de Seville, where the station is known as solar radiation and concentration technologies Mar solar revolutionary moment: the parabolic dish sterling engine. The second will be a guided tour of the Platform Secular in Salutary la Mayor (Seville) for in situ how the technologies for exploitation of renewable energy resources are an industrial reality that puts Spain at the international forefront, offering great opportunities for economic and labor.
Along with CTAER Foundation collaborated on this course, the National Association of Solar Thermal Power Industry, Protermosolar, and Thermodynamics Research Group and Renewable Energy at the University of Seville.
How energy-efficient devices for electrical development
“In less than ten years i.e. in 2018, the incorporation of energy efficient devices could slow the growth of electricity demand, achieving reductions in the order of 600 megawatts (MW),” said the Directorate General for Energy Efficiency (DGSE), Ministry of Energy and Mines of Peru (MEM).
The head of the DGSE, Luis Hero, said this would not be the only benefit, as this would also avoid the emission of 35 million tons of greenhouse gases produced by burning fossil fuels for electricity generation.
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And is that because the country’s energy supply by 73% dependent on fossil fuels such as oil (51%), natural gas liquids (17%) and coal (5%), which are being looking not only pollutants but also expensive because they depend on international prices, the DGSE has designed a plan to boost renewable energy sources and energy efficiency.
He explained that energy efficiency itself constitutes a new source of energy as to reduce the volume of current consumption would also reduce the amount invested to import oil.
That is why he said Hero Azalea, projected that the sector as part of an ongoing process to improve the activities related to the generation / production, transportation, processing, distribution, marketing and use of energy sources over the next eight years could reduce national energy consumption by 15%.
“Making a calculation based on current, we can see that the annual savings to be gained in 10 years would be approximately 5 000 300 million U.S. dollars, with an estimated investment of 670 million U.S. dollars (an approximate ratio of 8 to 1)” said the head of the DGSE noting that the benefits go to the care of the environment.