Natural Gas Generation

• With the Energy Transition Law, which was approved by the Congress of the Republic and now passes to presidential approval, the green and blue hydrogen projects will be able to access rent over-deduction, VAT exclusion, zero tariffs and accelerated depreciation. • These incentives will also extend to smart metering and large-scale energy storage equipment and investments. This law clarifies and ratifies that smart meters and their installation will not have any additional cost for users. • The tax benefits of VAT exclusion, zero tariffs, income over-deduction and accelerated depreciation, which were established in Law 1715, will be extended to energy efficiency projects. More

Albanesi unit Generación Mediterránea wants to connect an additional 130MW of capacity, while a biogas plant has requested the green light to enter the wholesale market. More