Featured in A compromise for the better? – 09-2013

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Spain: The Spanish government has struck the final blow against renewable energies and is cutting existing feed-in tariffs yet again. There are no licenses even for unsubsidized power plants. High fees turn the new “own consumption” regulations into a non-starter.

José Manuel Soria can no longer simply ignore criticism of the Spanish government’s energy policy. Spain’s Minister for Industry, together with Alberto Nadal, State Secretary for Energy, and Luis de Guindos, Spain’s Minister for Economic Affairs, hurried to London at the end of July to reassure furious investors. Large-scale investors had invested several billion euros …

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