Spanish Government Publishes New Regulation On Renewable Energy Electricity Generation Activity

Regulation eliminates distinction between ordinary and special regime facilities and establishes new remuneration system.

Introduction -

As part of the Spanish government’s ongoing structural reform of the energy industry, a regulation was passed on June 10, 2014, effectively establishing a new remunerative regime. This new regime will have significant implications for power plants producing electricity from renewable energy sources, cogeneration, and waste.

Background -

The Spanish government has completed a structural reform of the energy industry, establishing a new regulatory framework that aims to reduce and control one of the main problems of the Spanish energy sector: the ‘tariff deficit.’ The reform, which started with the enactment of Royal Decree-Law 9/2013 of July 13, 2013 (RDL 9/2013), whereby certain urgent measures were taken to ensure the financial stability of Spain’s electrical system, was finally defined by the new Electricity Sector Law 24/2013 of December 26, 2013 (Electricity Sector Law).

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Topics:  Energy, Energy Policy, Energy Reform, Renewable Energy

Published In: Energy & Utilities Updates, Environmental Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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