Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

EU approves Spanish support scheme for renewables

Source: Energy Live News - Sun 12th Nov 2017
EU approves Spanish support scheme for renewables

The European Commission has approved Spain’s support scheme for renewable electricity.

It found the programme, which supports electricity generation from green energy sources, high efficiency cogeneration of heat, power and waste to be in line with state aid rules.

Under the scheme, projects will receive a premium on top of the market price of electricity, which is meant to help them compensate for costs that cannot be recovered from selling power in the market.

Commissioner Margrethe Vestager, in charge of competition policy said: “I am pleased to see the latest Spanish renewables auction have shown the positive effects of competition: companies are ready to invest in new installations with very low levels of state support.

“Spain’s transition to a low carbon, environmentally sustainable energy supply is important and this support scheme will help.”

Last year, payments under the scheme totalled €6.4 billion (£5.6bn).

Recommended Reading :

* Spain appeals court's award of 128Mln solar compensation

* Spain ordered to compensate wronged solar investors

Comment on this Story

Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Articles

Related Blogs

When shopping for bodyjewelrytips, never buy anything that has nickel. The best type of material is the steel, titanium, wood, anodized gold or gold. Most nickel products will rust and may infect your ear. If you have pierced the naval or eye, you do not need to worry, as that is the most versatile part of the body. You can wear rings, straight, curved or fancy and captive beads. There are many leading body piercing jewelry that offer some of the biggest collection at very affordable price. In regard to shopping, always go to a wholesale shape as that is the sure place of getting any type of body piercing jewelry. The only thing that you need to be careful about is the material used to make the jewelry. There are instances when body piercing might go wrong and the result is an infection. In order to avoid this, make sure that the person doing the piercing is qualified to do so. After piercing is done Bodys piercing trends, you should keep the area sterilized and clean. Use warm water to wipe dirt. Never use spirits as they will corrode the area resulting to a wound which might cause an infection.