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energy storage is the real target of spain's new tax on the sun - home energy storage system

energy storage is the real target of spain\'s new tax on the sun  -  home energy storage system

The Spanish government wants to impose new fees on consumers who use batteries to store electricity generated by their own solar panels.
In early June, the Ministry of Industry, Energy and Tourism issued a proposed draft legislation aimed at preventing people who produce their own electricity from using solar-powered rechargeable batteries.
Under the proposed legislation, consumers with small solar energyplus-
The storage system will be forced to pay about $10 per kilowatt (kW)
Installed capacity.
In the residential sector, the payback period for solar storage systems will nearly double from 16 years to about 31 years.
Consumers with larger solar energyplus-
Storage System (i. e. , > 15 kW)
About $41 per kilowatt.
To add insult to harm, the proposed legislation also states that anyone who violates himself
Consumption rules will be fined up to $68 million.
From this perspective, according to an analysis by PV Tech, a $68 million fine is twice the maximum penalty allowed for leaking radioactive nuclear waste.
The fee does not apply to off-
Instantaneous power consumption generated by the grid solar storage system or solar equipment.
Even with these restrictions, the proposed legislation would effectively undermine the cutting market in Spain --
If approved, Edge products such as Tesla's Powerwall battery.
Over the past five years, the Spanish government has aggressively cut subsidies for renewable energy technologies.
This is particularly detrimental to the solar power industry.
In 2011, the emirate of Abu Dhabi threatened to sue Spain for reducing its financial support for solar energy projects.
Meanwhile, Spain's Supreme Court recently dismissed a lawsuit filed by a dozen large solar developers against the Spanish government over cutting subsidies for solar energy.

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