A revision of taxes and levies on nuclear generation is needed in Spain if the government is to meet the challenge of climate change, the industry group Foro Nuclear said.
Nuclear power leads electricity production in Spain with a share of over 22% in 2020. But Foro Nuclear said the industry’s financial results have been reduced to the point where some years it has operated with losses, mainly due to the excessive tax burden it endures.
Because of the Covid-19 pandemic, the average price of electricity in the wholesale market fell in 2020. At the same time, taxes applied to electricity production from nuclear sources increased, with a new tax in Catalonia and the extension to all nuclear power plants of a tax that finances response services provided by state security forces.
…