The Xunta will establish a law to tax offshore wind power transmission lines

The Xunta started the procedures this Thursday new law to benefit the exploitation of natural resources return to Galicia. Norma, explained the president of the Galician executive authority Alfonso Ruedait will hit farms that produce energy from renewable sources, those that depend on water concessions and mining.

The prognosis of the Galician government is that the regulations cover the extension blow cannon to marine parkssurveying the power lines that will connect these facilities to the substations on the coast.

President Xunte also highlighted other novelties such as the inclusion of evaluation reports socioeconomic impactin which the participation of local companies, jobs created and products and services acquired in the areas of implementation, reduction of energy costs in these areas, cooperation in research and development with Galician entities or preservation of cultural assets and heritage.

The law also provides for the creation of a public-private mixed entity which, among other activities, will be in charge of expanding quality standards in facilities or facilitating the decarbonization of industrial areas through self-consumption. The percentage of Xunta’s participation, the president explained, will be specified when analyzing the willingness of private capital to enter the company. Rueda pointed out that we should not only think of large companies, but also of small and medium-sized companies. In addition, he did not rule out the possibility of the participation of other Administrations. The Xunta leader insisted that the entry of private capital is necessary, and ruled out the possibility of creating the entity exclusively with public funds.

The regulations, whose processing was launched by the Xunta council this Thursday, will first go through a phase of public input that will open in the coming days. Rueda believed that the law would put Galicia in the «energy transition center» which Europe is experiencing. The president emphasized that “a pioneering project in our country» who will pretend not to exist «winners and losers» depending on the location of the parks. The goal is for you to benefit”whole or joint society», since the Galician resources are a part «the heritage of all Galicians, those hox and those maña».