Conclusion of the first renewable energy auction: no ‘remuneration’ for investment in new wind and biomass facilities

The Official Journal of Spain (abbrev. BOE) has published on 21 January the Decision of the Directorate-General for Energy Policy and Mines, of 18 January 2016, on the auction to confer the specific remuneration scheme on new facilities producing electricity from biomass on the mainland grid and to wind-technology facilities, held on 14 January, pursuant to the provisions of Royal Decree 947/2015 of 16 October. Below follows a succinct summary of the outcomes of the auction…