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Policy & Regulation

Spain’s renewables auctions on hold as coalition plans falter

The delay to forming a new coalition government in Spain has put on hold Madrid’s plans to hold new auctions for renewable energy capacity The delay to forming a new coalition government in Spain has put on hold Madrid’s plans to hold new auctions for renewable energy capacity.
By Anna Gumbau 9 September 2019 Europe & Russia / Policy & Regulation 0 34562
Spanish Prime Minister Pedro Sanchez addresses Spain's parliament. (PA)

Talks on forming a leftist coalition government in Madrid have come to a standstill, severely affecting Spain’s ambitious plans for the deployment of renewable energy.

Spain’s incumbent government, led by Prime Minister Pedro Sánchez, planned to hold a new round of auctions for at least 3 GW of renewable energy capacity during the second half of 2019. Those auctions had been widely anticipated by Spain’s energy sector, with the previous awards having been made in 2017 for a total of...