Spain to host a renewable energy auction of up to 3 GW in Q1 2017

The Spanish government has announced plans to hold a new renewable energy project auction in the first quarter of 2017, with a capacity of up to 3 GW.

The Ministry of Energy, Tourism and Digital Agenda has sent the regulatory proposal of the tender to the CNMC, it announced in a statement. The rules and specific date of the proceedings will be outlined in a later resolution.

The government also indicated that the winning projects in the auction would be required to be operational by 31 December 2019. These proposed projects will all contribute to Spain’s goal of reaching 20% renewable energy by 2020. In 2014 it had already reached 17.3% renewable energy.

In order for the winning projects to be realised within the stipulated time period, “various intermediate milestones and a system of guarantees and controls are being contemplated,” said the ministry. The auction will be technology neutral and the mechanism will be competitive.

This is the first development scheme that PV projects will be able to access in the country after the cancellation of the tariff injection scheme for new PV projects in 2012. Since then, the renewable auctions in Spain only had wind and biomass categories.

This article was originally published in pv magazine Latin America. It was translated by Sam Pothecary.