Recent changes on the renewable energy sector introduced under Royal Decree-Law 9/2013 of 12 July
Royal Decree-Law 9/2013, of 12 July, adopting urgent measures in order to ensure financial stability of the electricity system (hereinafter RD -L 9/2013) was published in the Official Spanish Gazette (BOE) on 13 July 2013.
Over the last decade, the Spanish electricity system has been showing a tariff deficit. This deficit is due to the actual costs associated to the regulated activities and operation of the electricity system being higher than the tariffs established by the government and paid for by the consumers.
In order to correct such deficit, urgent measures have been adopted over the last few years with an impact on both the costs and the income of the electricity sector. However, the different legal and regulatory measures have proven inefficient due to certain factors, such as the reduction in electricity demand due to the economic crisis — with the consequent reduction in income from access tariffs — and the increase in the generation produced by facilities entitled to special incentives compared with that originally estimated…
If you are registered and logged in to the site, click on the link below to read the rest of the DLA Piper briefing. If not, please register or sign in with your details below.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from DLA Piper
News from The Lawyer
Briefings from DLA Piper
The Australian Taxation Office released a draft ruling on the Goods and Services Tax treatment of bitcoin transactions on 20 August 2014.
DLA Piper’s ‘Life sciences: patent extension strategies and antitrust global update’ video covers global antitrust and competition issues including product hopping and reverse payment patents.
Analysis from The Lawyer
Cross-border work and political tensions are dominating this year’s entries for Finance Team of the Year at The Lawyer Awards.
Regulators are ramping up the pressure in the aftermath of recession, leaving firms to compete for compliance and restructuring work