Country:Spain
Year:2005
Policy status:In Force
Date Effective:2005
Policy Type:Economic Instruments>Fiscal/financial incentives, Policy Support, Regulatory Instruments
Policy Target:
Agency:Ministerio de Industria, Turismo, y Comercio
URL:http://premium.vlex.com/legislacion/BOE-%5BFECHA2%5D-no-%5BNUMERO-BOE%5D/LEY-24-2005-18-noviembre-reformas-impulso-productividad/2100-18461896,bCertificado_1,01.html
Legal References:LEY 24/2005, de 18 de noviembre, de reformas para el impulso a la productividad
Description:Several articles of the comprehensive Law 24/2005 on industrial productivity favor the use of biomass, biofuel, and solar power to meet Spanish energy demand. Section II of the new law addresses production growth in the electricity sector, including specific articles to promote biomass-generated power. Article 5 of the law encourages the use of biofuels, outlining policy to raise the portion of biofuels in the general market to 5.75% by 2010, in line with the European Biofuels Directive 2003/30/EC. Spains November 2005 Law 24 amends the national Energy Sector Law 54/1997 to favor the use of biomass by enabling the government to pay more than standard rates for electricity from biomass or solar power plants. Solid urban waste nor toxic waste will not be considered biomass, though co-incineration facilities using biomass as a secondary energy source do qualify for government incentives. These biomass and solar power generation goals reflect those set forth by the EU Renewables Directive 2001/77/EC under which Spain aims to provide 29.4% of domestic power production and 12% of energy consumption from renewable sources by 2010. The new measures also complement the Renewable Energy Plan 2005 - 2010 promulgated by the Spanish government in August 2005.

Last modified: Tue, 17 Jul 2012 12:26:09 CEST