Reuters: Spanish Gov’t. Drafts Regulation For Wind Energy Requirement

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The Spanish government has drafted a regulation to require the installation of 1.4 GW of wind energy annually between 2013 and 2020, according to a Reuters report.

According to the draft obtained by Reuters, the Spanish government aims to have a total of 3.5 GW of wind energy operating in 2020.

In addition, the draft regulation sets a new remuneration system for wind power facilities, in which installations will sell their energy at pool prices and receive a premium, but only if the combined premium and the pool price falls within a minimum and maximum limit, according to the Reuters report.

The full Reuters coverage can be viewed here.

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