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Home El Dia

Ricardo Guerrero: «The electricity rate will only go down with the intervention from the EU»

March 15, 2022
in El Dia
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Ricardo Guerrero: «The electricity rate will only go down with the intervention from the EU»
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Ricardo Guerrero Lemus is a doctor in Physical Sciences from the Autonomous University of Madrid, professor of Applied Physics at the University of La Laguna and director of the Master in Renewable Energies of the ULL. An authorized voice to size the rise in geometric progression of the electricity rate. He considers that “it will only go down with the intervention of the EU” and that “the report that Brussels announces for April is late.” Only the threat of the European Commission with a possible intervention has lowered the price by more than 40% in a week.

Guerrero considers that “it cannot be that a single source of energy, natural gas, sets the price of the electricity rate.” He explains in this regard that “there is a type of electricity production whose fuel is free; another costs money and fluctuates brutally in recent times ».

The doctor and professor of Physics warns that “nationalization would lead to nothing”


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The Spanish wholesale electricity market is marginal, therefore, all producers sell at the price of the most expensive energy. Guerrero values: “The objective of the EU is a single energy market with equal rules for all.” That is not possible now, with renewables still without a great weight. The EU proposes putting a lower rate on natural gas with the idea of ​​financing the difference and that companies continue to earn the same.

The ACER report (European regulatory body) is announced for April. Meanwhile, “the rate goes up every day.” The large electricity companies benefit from a system that allows them a fixed return with “low risk” economic activity. Guerrero points out: “They have bilateral agreements with generators of other energies; the small marketers, no, and they must go to buy in the free market». To this he adds “the war” because, he thinks«If Ukraine and Russia agree, in two weeks the price will stabilize». Without forgetting the bad press of everything that sounds like fossil energy as “an inflationary effect”. The option is to “supply the cheapest gas to the electricity companies so that they lower the price.” Regarding a possible nationalization of the latter, he clarifies: “It is pure demagoguery because the companies would go to court… And they would win.”

We can claim the wind power

Sí Podemos Canarias demands that the Cabildo “comply with the agreement to study the implementation of offshore wind and geothermal energy on the Island”. The political group is committed to this and considers it “essential” that these facilities be “endorsed by a study that guarantees support.” Sí Podemos Canarias unanimously carried out the development of the study on June 29, 2020. The resolution also contemplates that the Cabildo will not promote or support the implementation of marine wind energy (off shore) until a serious study is addressed and, then, a pronouncement is adopted based on the technical conclusions. The insular group denounces that the government has responded to a question in the last plenary session that it is not working in this regard, which is, according to Podemos, one more example of total disinterest and lack of commitment when it comes to materializing agreements.



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