The Council of Ministers has approved Royal Decree-Law 4/2024 extending several measures to deal with the economic and social consequences of the conflicts in Ukraine and the Middle East and approving new measures in the energy and social taxation areas.
In energy matters, they have pointed out that it is essential to continue accompanying the transformation of companies by taking advantage of the opportunities generated by the green revolution with the aim of boosting the generation of renewable energy and the industry associated with the ecological transition. The main energy objectives are to promote electric mobility, encourage the purchase of vehicles and the deployment of recharging infrastructures. With this new package, the duration of many of the measures adopted is extended to 2022 and 2023:
- The term of the Electric Mobility Support Program, MOVES III, is extended until December 31, 2024.
- With the objective of decarbonization, a new item of 50 million euros is included for the sustainable transformation of fleets of heavy passenger and goods road transport vehicles.
- Extension of the electricity social bonus discount until June 30, 2025.
- The Royal Decree-Law maintains the prohibition to interrupt water, electricity and gas supplies to the most vulnerable groups until December 31.
- Aid to the industrial fabric is maintained through the extension until December 31 of the support mechanism for the competitiveness of the electro-intensive industry in order to compensate its energy costs. The 80% reduction of the access tolls to the transmission and distribution networks of this industry is maintained.
This measure recognizes the excessive uncertainty that still surrounds the energy markets, a key aspect for the competitiveness of the electro-intensive industry due to its high dependence on the price of electricity.