RT Journal Article
T1 Analysing the economic impact of the new renewable electricity support scheme on solar PV plants in Spain
A1 Mir-Artigues, Pere
A1 Cerdá Tena, Emilio Jaime
A1 Río, Pablo del
AB A complex regulatory package implementing a new support scheme for renewable electricity has recently been adopted in Spain as a response to escalating support costs, which have mostly been related to solar PV promotion. The new remuneration scheme can be considered retroactive and negatively affects the profitability of existing solar PV plants. The aim of this paper is to analyse the implications of the new retroactive regulation on the profitability of those plants in Spain. Using real data from a very common PV plant, the results show that, indeed, the new support scheme has a considerable impact on the cash-flows of those plants. However, our simulations also show that the degree of reduction in the internal rates of return critically depends on several factors, assumptions and scenarios.
PB Elsevier
SN 0301-4215
YR 2018
FD 2018
LK https://hdl.handle.net/20.500.14352/19062
UL https://hdl.handle.net/20.500.14352/19062
LA eng
NO Ministerio de Economía y Competitividad (MINECO/FEDER)
DS Docta Complutense
RD 9 abr 2025