Spain Is a Case Study in How Not to Foster Renewables

Spain’s renewable interests have labelled recent Spanish energy policy moves as a “case study in what not to do” following a new cut in subsidies.

José María González Moya, chief executive of the Spanish renewable energy business association (APPA) said, “Spain used to be a leader. Now the problem with Spain is that you don’t know what they will do after tomorrow. It’s a disincentive.”

APPA last month launched a legal challenge against a government review of plant remuneration rates that the association said will cost Spanish renewable energy investors more than €600 million ($657 million) in lost revenues over the next …read more

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