New regulation on electrical energy from wind and thermal electric technologies (Royal Decree 1614/2010)
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.
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