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Europe Solar Power Advisory
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Jun 26, 2009
Spain Reins in CSP Development
The 1,467 MW of CSP projects under construction in Spain has sparked a regulatory shift at the Ministry of Industry Tourism and Commerce (MITC) in an attempt to temper speculation. Under the new Real Decreto 6/2009, CSP developers are mandated to register their projects, with only those passing a series of financial and development hurdles eligible to receive the current €0.27/kWh feed-in tariff—essentially creating a new cap. The process favors projects backed by well-financed utilities and independent power producers; those failing to meet the standards will be left in limbo until the MITC announces a rate revision later this summer.
On Points are provided as part of our Europe Solar Advisory service. If you are interested in becoming an EER Advisory Client, please contact eersales@emerging-energy.com.
For additional CSP analysis, EER's new Global CSP market study is now available for downloading. Click on the following link for the study's table of contents and order information:
Global Concentrated Solar Power Markets and Strategies, 2009-2020 (New EER Market Study)
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