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Spain govt guarantees average 7 pct return on investment for wind farms  

The Industry Ministry said the new regulatory framework for the renewable energy sector guarantees an average 7 pct return on investment in wind energy and hydro-electric installations under the regulated tariff system.

In a statement, the ministry said the average return on investment will be 5-9 pct if the installations participate in the electricity generation market.

With regard to biomas, biogas and solar installations, average return on investment will be 8 pct under the regulated tariff and 7-11 pct in the electricity market.

The new sector regulations will not be retroactive, as current legislation remains in place until 2010 for installations which are currently operating, the ministry noted.

A new renewables plan for 2011-2020 will be drawn up next year.

forbes.com

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

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