Public funding of the electricity system: approval of an extraordinary credit facility to contain the 2013 tariff deficit

The Official Journal of Spain (BOE, its acronym in Spanish), of 18 October, publishes Act 15/2013, of 17 October, providing for: a) funding from the Spanish Government Budget of electricity system costs caused by economic incentives to promote the production of electricity from renewable energy sources, and b) granting of a credit facility in the amount of 2,200,000,000 euros within the budget of the Ministry of Industry, Energy and Tourism.