In the CAE system, the “delegated entity” is the agent that can assume, by delegation, the energy savings objectives of the obligated entities. This article discusses the requirements to obtain accreditation as a delegated entity.
In Spain, the responsibilities of the designated party within the CAE system are executed by entering into the delegation agreement, which outlines the commitment to achieve the agreed-upon energy savings as per RD 36/2023. Article 10 of this royal decree details the specific characteristics of this agreement.
In Spain, Energy Savings Certificates (CAE) can be bought and sold after validation and registration in the National Registry of Energy Savings Certificates.
The minimum content of the CAE Agreement, designed for the procurement or transfer of energy savings by a delegated or obligated entity, is outlined in Order TED/815/2023, dated July 18th. This order partially elaborates on Royal Decree 36/2023, of January 24th, governing the system of Energy Saving Certificates in Spain.
The Energy Savings Certificates (ESC System or CAE System in Spain) is a mechanism that incentivizes companies in Spain to invest in energy efficiency under government oversight. It functions by issuing electronic certificates (ESC), which verify the final energy savings achieved after implementing an energy efficiency performance.
Becoming a Balancing Service Provider under Red Eléctrica Española involves meeting specific criteria that include financial, technical, and legal aspects. It requires demonstrating economic solvency and technical and operational capacity. Additionally, obtaining authorization to access the electricity grid and strict compliance with regulations are necessary to ensure transparency and efficiency in the electricity supply.
The approval of temporary regulations by the EU and the Spanish Government to speed up the processing of EIS (environmental impact statements) provides an incentive to boost the development of renewable energy projects in Spain.
In line with the European strategy to increase the production and use of renewable energy, the European Commission has promoted renewable electricity to produce renewable liquid and gaseous fuels of non-biological origins, such as hydrogen. To this end, it has defined the requirements that hydrogen and other hydrogen-based fuels must meet to be “green”, reducing some of the legal uncertainty.
Self-consumption is how a person or company supplies itself with electricity through its installation, instead of buying it from a supplier. Collective self-consumption is a modality in which several persons jointly use a photovoltaic installation to benefit from the energy generated without registering as marketers.
Hydrogen is a highly reactive chemical acquired through a process known as electrolysis by which electrical currents facilitate the breakdown of water molecules into oxygen and hydrogen.
© 2024 Mariscal Abogados, S.L.P.
Legal Notice | Privacy Policy | Cookies Policy
