24/03/2014

The Government approves an amendment to the National Plan for the Allocation of Greenhouse Gas Emission Rights 2005-2007

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The Council of Ministers, at the proposal of the Ministers of Economy and Finance, Industry, Tourism and Trade and the Environment, has approved a Royal Decree amending the National Plan for the Allocation of Emission Rights (NAPs) 2005-2007, in order to adapt it to Community law in relation to installations included in the scope of Law 1/2005. regulating the greenhouse gas emission allowance trading system.

The reform addressed focuses on the modification of the table that includes the allocation scenario for the industrial sectors. To this end, the amounts of rights and categories of activities are adjusted to the extension made in the scope of application of Law 1/2005. Likewise, the reservation for new entrants is unified. Until now, there were three differentiated reserves: one for the public service electricity generation sector, another for the industrial sectors as a whole and a third for non-Annex I cogeneration. This subdivision generated difficulties, given the problems in accommodating the growth needs of each sector with the maximum limits of each reserve, so it has been decided to proceed with the unification of the reserve.

The sectoral ceilings of the allocation are also increased, charged to the reserve, for those sectors in which the facilities for which the Council of Ministers has estimated replacement resources are included. In order to execute the resolutions upholding the appeals for reversal raised, in the sectors to which the affected installations belong, the annual average allocation without reserve is increased by the difference between the amount initially allocated and that established by the resolution of the appeal for reconsideration, reducing the reserve for new entrants by the same amount.