Profit cap at 7.4% | The government abolished the previous system of feed-in tariffs. Instead, remuneration for renewables plants will be capped at a “reasonable profitability” for the whole life of a project. According to draft proposals, this rate is due to be based on Spain’s ten-year benchmark bond plus three percentage points, which currently amounts to close to 7.4%
Spain’s energy reforms
Here are the main aspects of the Spanish government's changes affecting the renewables industry.
20 February 2014 13:39 GMT
Updated
20 February 2014 14:04 GMT
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