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6 Pages

Spain's tariff deficit: the €28 billion gap in power market finances

Spain's tariff deficit: the €28 billion gap in power market finances

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,

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  • Executive Summary
    • Background
    • The Tariff Deficit
    • Attempts to Tackle the Tariff Deficit
    • The Challenges of Further Reform
  • Conclusions

In this report there are 4 tables or charts, including:

  • Executive Summary
    • Chart 1: Tariff Deficit Growth
    • Chart 2: The 2011 Tariff Deficit
    • Chart 3: Total Tariff Deficit by Company, % (2010)
    • Chart 4: FADE Securitisation
  • Conclusions
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