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

This report is currently unavailable

Further information

Contact us

Submit your details to receive further information about this report.

  • An error has occurred while getting captcha image

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,

What's included

This report contains

  • Document

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

    PDF 455.75 KB

Table of contents

    • 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

Questions about this report?

    • Europe:
      +44 131 243 4699
    • Americas:
      +1 713 470 1900
    • Asia Pacific:
      +61 2 8224 8898