Assessing the 2014 retroactive regulatory framework applied to the concentrating solar power systems in Spain
Jordi de la Hoz,
José Matas and
Applied Energy, 2018, vol. 212, issue C, 1377-1399
The RD 413/2014 new economic and regulatory framework applied to the concentrating solar power plants (CSPP) in Spain has been here analysed and its new remuneration scheme has been formulated, becoming evident its high complexity and the great number of regulatory parameters involved. Next, a new model focused on determining its impact on the economic results of the existing CSPP has been proposed. Due to the complexity of the system, a methodology comprising a set of different stages of analysis has been developed. The new model has proven to be a useful tool to analyse the economic impact of the new regulatory scheme on the facilities and to identify its most influential regulatory parameters. One of the most representative facilities has been chosen as a case study to undertake the analysis. The results of the analysis, which have shown a substantial profitability reduction, have been consistent with the appreciations and data provided by the claimants of the last arbitral Award concerning the Kingdom of Spain and investors of CSPP in this country.
Keywords: CSP; Renewable energy; Retroactivity; Market; Regulations; Spain; Feed in tariff (FIT) (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:appene:v:212:y:2018:i:c:p:1377-1399
Ordering information: This journal article can be ordered from
http://www.elsevier. ... 405891/bibliographic
Access Statistics for this article
Applied Energy is currently edited by J. Yan
More articles in Applied Energy from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().