Insight
Spain's tariff deficit: the €28 billion gap in power market finances
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Report summary
Between 2000 and 2012, the Spanish power market accumulated a €28 billion shortfall between market costs and the revenue raised from end-users. This shortfall has become known as the 'tariff deficit'. In response, the country's government has overhauled retail power tariffs and, most notably, imposed a moratorium on any further award of renewable incentives. Once a global leader in attracting investment in wind and solar, Spain is currently the only major power market in Europe without a,
Table of contents
-
Executive Summary
- Background
- The Tariff Deficit
- Attempts to Tackle the Tariff Deficit
- The Challenges of Further Reform
- Conclusions
Tables and charts
This report includes 4 images and tables including:
- Chart 1: Tariff Deficit Growth
- Chart 2: The 2011 Tariff Deficit
- Chart 3: Total Tariff Deficit by Company, % (2010)
- Chart 4: FADE Securitisation
What's included
This report contains:
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