The Government of the Canary Islands aims to connect the province of Las Palmas with a new electrical system in 2016.
Lanzarote currently shares electricity with the island of Fuerteventura, this new system will also connect Gran Canaria so that the three islands can distribute energy between them. According to Francisa Luengo, the Vice Consejera de Industria del Ejecutivo Canario the proposal has already been submitted to the Ministerio de Industria, Energía y Turismo with the company Red Eléctrica de España.
The government has an energy plan for the islands called Plan Energético de Canarias (Pecan), at the moment it is estimated that the islands rely on fossil fuels for 98% of our energy. Luengo acknowledged that it was possible for 30% of the demand to be produced from renewable energy sources by 2015. The Deputy Minister insisted that the local government felt very strongly about using renewable energy sources, which is difficult, as it is an opposite opinion to that of the central government. They will continue forward despite the state policy.
Hopefully the island of El Hierro will prove that our location is perfect for providing renewable energy sources. Gorona del Viento have installed a hydro wind system which provides the island with electricity from the wind farm which reverts to hydro energy by pumping water between two lagoons when there is not sufficient wind. The company is owned 60% by the council, 30% by Endesa and 10% by the ITC (Technological Institute of the Canary Islands). The island aims to be 100% self sufficient from renewable energy sources.
The price of electricity throughout Spain is set to rise between 5% and 7% on the 1st April 2012.
The rate increase comes after the Supreme Court revoked a decision to freeze tariffs. The ruling allows for electricity companies not only to increase the price from Sunday, but also review their charges from October for bills already paid.