According to the regulation, the higher tariff that is specified in the Spanish support scheme will only be granted for a limited number of hours per year. In the remaining time, the operators will have to feed their electricity into the grid at market rates. What this market will look like is not yet clear.
The upper limit for the number of production hours depends on the type of installation and on its location in one of the five zones of the country that have been defined according to the average daily solar irradiation. In the case of non-tracking installations, for example, up to 1,250 hours per year will be supported by the higher tariff.
In the opinion of the industry association ASIF – Asociación de la Industria Fotovoltaica – the decree goes against the principle of legal certainty in the country. ASIF wants to fight for the restoration of legal stability and for compensation payments to the victims. As ASIF points out, a total of € 20 billion has been invested in PV in Spain. In the best case, the operators may be able to readjust their funding; otherwise, the loss of the installations threatens. About 200,000 of them are affected.
Spanish parliament gives its blessing to PV support cuts
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