The industry ministry in Madrid this week has sent energy regulators a long-awaited draft of a ministerial decree that will determine hundreds of standards and parameters on which support will be based.

The rules are part of a wider reform of Spain’s energy sector aimed at reducing the country’s so-called “tariff deficit” of more than €26bn ($35bn), which has been accumulated as a result of a years-long disparity between generating costs and state-set electricity prices for consumers.

Companies