Spain is back in wind business

Latest auction sets new price records in Spain.
Spain, auction, WindEurope

Spain returns to wind energy with record low prices

Wind Industry Profile of
Spain returns to wind energy with record low prices

Official Press Release WindEurope:

Wind energy was awarded nearly all of the 3GW available in the Spanish renewable energy auction whose results were announced on 17 May.

The auction resulted in contracts for €43/MWh, the maximum discount rate allowed under the Spanish tendering system. This is the lowest level ever awarded in an onshore wind tender in Europe. The competitiveness of wind energy is a key factor. So is the fact that the Spanish market has been paralysed for 3 years and has a large number of mature projects that need the promise of stable revenues to complete their financing. Giles Dickson, CEO ... More: Official Press Release WindEurope

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