Country:Spain
Year:2015 (March 23rd)
Policy status:In Force
Jurisdiction:National
Date Effective:2015 (March 23rd)
Policy Type:Economic Instruments>Market-based instruments, Policy Support
Policy Target:Multiple RE Sources
Policy Sector:Electricity
Size of Plant Targeted:Small and Large
Agency:Ministry of Industry, Energy and Tourism (Minetur)
URL:http://www.boe.es/boe/dias/2014/06/20/pdfs/BOE-A-2014-6495.pdf
Legal References:Order IET/1045/2014; Royal Decree 413/2014; Act 24/2013.
Description:

Ministerial Order IET/1045/2014 , of the 16th of June, approving remuneration parameters for type installations applicable to certain installations for the production of electric energy from renewable energy resources, cogeneration and waste. Order IET/1045/2014, considering the methodology described in Royal Decree 413/2014, sets the remunerative parameters for its first regulatory semi-period (14/07/2013 - 31/12/2016).

For the calculation of the remuneration to the investment and to the operation, the following remunerative parameters have been considered, for its entire regulatory life:

  • The standard incomes from the sale of energy valued at the market price.
  • The standard operating costs necessary to carry out the activity.
  • The standard value of the initial investment, all of this for a profitable and well-managed company, throughout its useful regulatory life.
  • The value of the initial investment and the useful life recognised for the installation remain unmovable for the entire lifetime of the installation.
  • Equivalent hours of operation of the type installation according to the real hours of each technology.
Amended:

Amendments:

  • Corrigendum to the Order on 26 August 2014 (URL: http://www.boe.es/boe/dias/2014/08/12/pdfs/BOE-A-2014-8667.pdf). New standard facilities are defined in later ministerial Orders: 
  • Order IET/1459/2014 defines new standard installations (for wind and photovoltaic plants) in no-mainland territories;
  • Order IET/1953/2015modifies 6th additional provision of Order IET/1459/2014 related to wind farms in the electrical system of Canary Islands, and sets out a procedure for allocating the remuneration for new wind farms and photovoltaic facilities in no-mainland territories.
  • Order IET/1344/2015, defines 25 more standard installations (CHP and photovoltaic) to Order IET 1045/2014; Order IET/2212/2015; 
  • Order IET/1345/2015 sets out the methodology for updating pay for the operation defined in Royal Decree 413/2014 and Order 1045/2014. 
  • Order IET/2735/2015 defines more standard installations (CHP and photovoltaic) in Annex I of Order IET 1045/2014, and establishes access tolls for electricity for year 2016;
  • Order IET/1209/2016, updates the remuneration to the operation for the last six months of 2016, and adds a new standard installation.
  • Order ETU/130/2017 updates retributions for the second regulatory half period from1/1/2017 to 31/12/2019. It also updates retributions to the operation for installations whose costs depend on fuels, for the first six months of 2017

Last modified: Tue, 02 May 2017 19:09:10 CEST