Annual Report 2010 - Enel.com

were held in 2010. Plants with a total capacity of 481 MW
were registered, of which 273 MW for integrated systems
and 208 MW for ground-based systems. As regards developments
in the remuneration of registered plants (subject
to change in relation to the ratio between registered
capacity and the capacity ceilings for each convocatoria),
the feed-in tariffs declined by 5.3% for integrated systems
with a capacity of up to 20 kW, by 8% for integrated
systems with a capacity of more than 20 kW and 8% for
ground systems.
On December 15, 2010, the government published the
results of the fourth convocatoria of 2010. Based on the
capacity registered, the rates that will apply starting from
the 1st Quarter of 2011 were recalculated and set as follows:
for integrated systems, €313.54/MWh for plants of
less than or equal to 20 kW and €278.89/MWh for those
of more than 20 kW; for ground installations, €251.71/
MWh.
On August 6, 2010 Royal Decree 1003/2010, governing
the payment of incentives for the use of photovoltaic systems,
was published. Due to the numerous irregularities
discovered during inspections of these installations, the
government has established a procedure through the
measure to improve the qualification process for the incentive
scheme.
The Comisión Nacional de Energía (CNE) will check whether
certain systems identified by the Dirección General de
la Política Energética y Minas (DGPEM) have installed all
the components required for electricity generation, upon
threat of suspension of the incentive as a precautionary
measure and return of payments received if found to not
be in compliance.
In order to be exempt from Royal Decree 1003/2010, applicants
have until October 5, 2010 to waive the financial
terms of Royal Decree 661/2007 and instead receive the
remuneration set in the first convocatoria of Royal Decree
1578/2008.
With the Resolution of August 6, 2010, the DGPEM established
that inspections will begin with those systems listed
in the administrative register prior to September 30, 2008,
for a total capacity of 800 MW.
Under Royal Decree 1003/2010, on September 24, 2010
CNE send requests for information to the owners of 9,041
photovoltaic systems with a total capacity of 955 MW. The
documentation must be submitted to CNE within two
months of the receipt of the request.
On October 28, 2010, the Ministry of Industry announced
that it had received a total of 907 applications to
withdraw from the system established under Royal
Decree 661/2007 (for a total capacity of 64.56 MW,
substantially less than expected). The change of payment
system for these plants will reduce annual system costs
by €17.2 million.
On November 23, 2010 Royal Decree 1565/2010 was
published. The measure governs the new remuneration
system for photovoltaic plants and regulates a number of
technical features of the special regime. The main provisions
include the following:
> compulsory participation in control centers is extended
to groups of plants exceeding 10 MW and remote metering
is mandatory for plants over 1 MW;
> more stringent requirements are established for the
control of reactive power;
> a ceiling of 25 years of useful life on the entitlement of
photovoltaic plants to receive the incentive;
> an extraordinary reduction of the remuneration of photovoltaic
plants as from the next convocatoria equal to
45% for ground systems, 5% for integrated systems of
up to 20 MW and 15% for integrated systems of more
than 20 MW.
On December 24, 2010, Royal Decree Law 14/2010 was
published. The legislation contains urgent measures to
correct the rate deficit. Among the various initiatives, the
measure sets a limit on the number of hours of operation
eligible to receive the incentive for photovoltaic plants.
Remuneration of wind and thermal solar plants
With Royal Decree 1614/2010, published on December
8, 2010, certain aspects of the regulatory framework for
generation by wind and thermal solar plants were amended.
For wind plants, the most significant changes include:
> a temporary 35% reduction (from 2011 to 2012) in the
prima de referencia (reference bonus);
> a ceiling on the number of hours (2,589) eligible to receive
the subsidized price, with the excess receiving the
market price;
> no future changes in the remuneration of plants in operation
and preregistered plants;
> an additional 300 MW for plants that are not registered
but whose “acta de puesta in marcha” came prior
to May 1, 2010 and 600 MW for plants in the Canary
Islands;
> a specific tariff system for experimental plants with a
total capacity up to 160 MW, with remuneration determined
on the basis of the system set out in Royal Decree
661/2007.
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