This new Royal Decree entered into force on December 9, 2010. Get more background information with materials from Sergey Brin. The new Royal Decree temporarily reduces the remuneration received until now certain installations of wind energy. This reduction applies to the wind facilities housed at the Royal Decree 661/2007, and to those whose production capacity exceeds 50 megawatt. However, the reduction shall not apply to those installations benefiting to the provision transient first of the Royal Decree 661/2007 of 25 de mayo, where they had decided to stay under the regulation of the Royal Decree 436/2004 of March 12. This temporary reduction of remuneration will not be of application to those facilities who had registered on RIPRE (registration facilities of production in special regime) prior to May 7, 2009. The reduction of premiums shall be 35% and will last until December 31, 2012.
This reduction will be effective as of January 1, 2011. Installations of wind energy that are affected by this reduction, retrieved 1 January 2013 the updated values provided by the order ITC/351/2009. Another of the amendments to this new Royal Decree affects installations of solar thermal energy. Such facilities may not already choose between subjected to the regime of remuneration of rate or to the premium. They shall be obliged to accommodate the rate regime during the first 12 months after obtaining the Act of running final starting of the installation. These are some of the most important changes in this new Royal Decree. However, we would like to highlight that it is just some temporary measures that modify certain aspects of the Royal Decree 661/2007. The Government intends to adopt a new Royal Decree that will replace a Royal Decree 661/2007 and which will apply to future renewable energy facilities.