A nuclear and hydro tax would raise up to 1,300 million
A tax on nuclear power and hydropower of 10 to 15 euros per megawatt hour (MWh) would have an economic impact of between 850 million and 1,300 million euros, according to estimates by the National Energy Commission (CNE).
Without ruling on whether or not to support the possible application of this rate, strongly rejected by the electricity, the NEC reviewed in its recent report on the problem of the tariff deficit, the reasons on which could be supported the measure and the situation in countries where is applied.
He says the government could use various arguments to justify the tax, but should take care of that "solid base" reasons for the application of the fee.
Of the possible reasons for the measure, which has more basis for the regulator would be to apply as a counterpart to a lengthening of the lifetime of nuclear power plants, either to offset the costs that may arise in the management of nuclear waste and spent fuel beyond the year 2020 or by the implementation of allowances
Still, he appreciates "some potential difficulties in implementing tax nuclear and hydro generation," including the current existence of devolved taxes and indirectly involve a tax on electricity production by nuclear power plants.
COAL AND 'ROBIN HOOD'.
In its report, the controller also analyzes the economic impact of a carbon tax, but warns that it could involve an increase in the wholesale price of electricity.
This 'carbon tax', he says, could be of 5.61 euros per tonne of CO2 and could raise 420 million, which would be channeled to finance renewables. However, the measure could increase the cost of 2.7 euros per MWh of electricity price.
The CNE also enters into the analysis, but without quantification of a possible 'rate Robin Hood' as that already used the Italian Government, which is to raise the corporate tax on energy activities from 6.5% to 10.5% .
The advantage of the measure is that it could be used to finance renewable energy, while the disadvantages lie in the difficulty of monitoring compliance and impose sanctions as well as the need to revise the rates of return on assets, which could end up impacting on the final price of electricity bill.
GASOLINE AND DIESEL.
The only tax in which the CNE goes beyond analysis and is in favor of 0.07 euros per liter for petrol and diesel in order to raise 2,000 million per year and fund renewable energy.
This tax would increase from 48% to 52% taxation of gasoline and 43% to 46% for the diesel, although these rates indicates the CNE, continue below the EU average, which weigh tax 56% in the case of petrol and 48% for diesel.
Without ruling on whether or not to support the possible application of this rate, strongly rejected by the electricity, the NEC reviewed in its recent report on the problem of the tariff deficit, the reasons on which could be supported the measure and the situation in countries where is applied.
He says the government could use various arguments to justify the tax, but should take care of that "solid base" reasons for the application of the fee.
Of the possible reasons for the measure, which has more basis for the regulator would be to apply as a counterpart to a lengthening of the lifetime of nuclear power plants, either to offset the costs that may arise in the management of nuclear waste and spent fuel beyond the year 2020 or by the implementation of allowances
Still, he appreciates "some potential difficulties in implementing tax nuclear and hydro generation," including the current existence of devolved taxes and indirectly involve a tax on electricity production by nuclear power plants.
COAL AND 'ROBIN HOOD'.
In its report, the controller also analyzes the economic impact of a carbon tax, but warns that it could involve an increase in the wholesale price of electricity.
This 'carbon tax', he says, could be of 5.61 euros per tonne of CO2 and could raise 420 million, which would be channeled to finance renewables. However, the measure could increase the cost of 2.7 euros per MWh of electricity price.
The CNE also enters into the analysis, but without quantification of a possible 'rate Robin Hood' as that already used the Italian Government, which is to raise the corporate tax on energy activities from 6.5% to 10.5% .
The advantage of the measure is that it could be used to finance renewable energy, while the disadvantages lie in the difficulty of monitoring compliance and impose sanctions as well as the need to revise the rates of return on assets, which could end up impacting on the final price of electricity bill.
GASOLINE AND DIESEL.
The only tax in which the CNE goes beyond analysis and is in favor of 0.07 euros per liter for petrol and diesel in order to raise 2,000 million per year and fund renewable energy.
This tax would increase from 48% to 52% taxation of gasoline and 43% to 46% for the diesel, although these rates indicates the CNE, continue below the EU average, which weigh tax 56% in the case of petrol and 48% for diesel.
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