The approval of Law 5/2020 in Galicia, Spain, is threatening the future development of wind power and hydroelectric energy in the region. The law creates obstacles for the installation and operation of new renewable energy projects, particularly those dependent on permits and administrative licenses. Specifically, the law requires projects to undergo new environmental impact assessments, regardless of previous approvals, which can lead to costly delays and even project cancellations.
Experts warn that the law’s provisions will chill investment in the renewable sector, hampering the ability of companies to plan and develop new projects. Furthermore, the law’s application could result in a slower transition to a low-carbon economy, compromising Spain’s efforts to meet its climate and energy targets. The renewable energy sector accounts for over 40% of Galicia’s power generation, and the negative impact of the law may be felt across the economy.
Environmental organizations and sector associations are urging the Spanish government to reconsider the law and create a more conducive environment for the development of renewable energy projects in Galicia.