NewEnergyNews: SPAIN SUN GOING INCENTIVE FREE

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YESTERDAY

  • TODAY’S STUDY: Is peak oil demand coming soon?
  • QUICK NEWS, November 21: Online Deniers Falsely Used NASA Study About Antarctic Melt; The EV As A Mini Power Plant; New Energy Price Knocks Coal, Nuclear Out Of The Market
  • THE DAY BEFORE

  • TODAY’S STUDY: How Green Is The Tech World?
  • QUICK NEWS, November 20: The U.S. Is Starting To Get It; New Energy Buying Goes Mainstream; House, Senate To Face Off Over Wind Support
  • THE DAY BEFORE THE DAY BEFORE

  • Weekend Video: Global New Energy To Boom Through 2040
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  • Weekend Video: World’s First Floating Wind Project
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  • FRIDAY WORLD HEADLINE-Three Top Takeaways From The Bonn Climate Summit
  • FRIDAY WORLD HEADLINE-Seven Global New Energy Trends
  • FRIDAY WORLD HEADLINE-World’s First Floating Wind Project Goes Online
  • FRIDAY WORLD HEADLINE-VW Commits $11.8BIL EV Spend In China
  • THE LAST DAY UP HERE

    THINGS-TO-THINK-ABOUT THURSDAY, November 16:

  • TTTA Thursday-Big Thumbs Up For Gore’s ‘Inconvenient Sequel’
  • TTTA Thursday- Trends In Global New Energy Through 2040
  • TTTA Thursday-How Wind Energy Learned To Be Better
  • TTTA Thursday-The Secret To See-Through Solar
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    Founding Editor Herman K. Trabish

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    Research Associate and Contributing Editor Jessica R. Wunder

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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  • TODAY AT NewEnergyNews, November 22:

  • ORIGINAL REPORTING: Will California's 100% renewables goal get through the political process?
  • ORIGINAL REPORTING: What makes a successful utility-led community solar program?

    Friday, November 23, 2012

    SPAIN SUN GOING INCENTIVE FREE

    Spanish Auto-Consumption PV Market Starts to Develop

    Tim Murphy, November 5, 2012 (SolarBuzz)

    “The increasingly competitive cost of PV electricity has helped open a new market segment in certain regions of Spain: auto-consumption installations that will receive no incentives…related to national regulations in force since December 2011 (Royal Decree 1699/2011)…[that] allow PV installations up to 100 kW to be connected to a consumers interior electricity network…

    “…[C]onsumers could benefit from avoiding increasingly expensive electricity purchases…[A] 100 kW installation completed in Q4’12, with the initial cost of €145,000 [would have] a 25-year net present value of €193,000 (NPV, 6% discount rate), and a project IRR of 15%. The electricity purchase price is set to rise at 5% per year, while the project LCOE value is effectively locked from the start. This reflects a typical electricity price (pre-tax) for commercial consumers with a >100 kW service contract and the consumption range of 20 to 500 MWh/year.”

    “While the economics of the proposition may be compelling to commercial consumers that are not currently cash-strapped, the outlook for the new segment is unclear…[while] Spain remains embroiled in [the unfolding and complex Energy Market Reform campaign and the] social, political, and financial crises resulting in low financial market liquidity and low consumer/business confidence…

    “The good news for PV is that consumer electricity prices are rising, and may increase significantly in January 2013. The bad news is that PV adoption has been negative based upon recent governmental actions, and the worry is that this trend will dominate domestic PV demand in the short-term…A possible wild card is that the electric companies could embrace the distributed PV applications, and so benefit by delivering the corresponding market demand while also locking in LCOE against their own rising generation and distribution costs. This turn of events would be consistent with market consolidation trends…”

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