|Policy Type:||Regulatory Instruments, Economic Instruments>Fiscal/financial incentives, Economic Instruments>Fiscal/financial incentives>Grants and subsidies, Economic Instruments>Fiscal/financial incentives>Feed-in tariffs/premiums|
|Renewable Energy Policy Targets:||Wind|
|Size of Plant Targeted:||Large|
|Agency:||Cabinet of Ministers|
|Renewable Energy Description:|
The Royal Decree 1614/2010 first adjusts electricity feed-in tariffs allocated to wind generated power. The latest will be cut down by 35% as from early 2011. The aim of such a cut is to generated important savings and adapt to new market structures. The Royal Decree moreover establishes, for thermal and wind electricity, a share of equivalent generated hour per year - net electricity generated over the year divided by the power stations nominal power- eligible for government support. Once that limit is reached, the excess electricity generated by that particular installation during that particular year will not be entitled for any financial support.
|This record is superseded by:||New regulation on electrical energy from wind and thermal electric technologies (Royal Decree 1614/2010)|
Last modified: Tue, 02 May 2017 17:44:15 CEST