Commodity Market Report

Spain power and renewables market long-term outlook H1 2016

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28 September 2016

Spain power and renewables market long-term outlook H1 2016

Report summary

Economic recovery is bringing growth back to Spanish power demand, although Spain's power market remains in a period of substantial oversupply and regulatory uncertain. Government measures to keep the tariff deficit under control are beginning to show results. 2014 is the first year when a tariff surplus of €11 billion is reported, compared to a deficit of € 26 billion in 2013. 

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