ASIFs proposal includes a yearly revision of the feed-in tariff (the current proposal points at revisions every 4 years), linked to the growth of the market as stated by the National Energy Commission (CNE) and the deviation of the actual capacity from the forecasts. The average drop in the feed-in tariff would be 5% per year. The TFF would not be applied until October 2009, as the first year (from October 2008 to October 2009) would simply set the benchmark and objective for the following year. In order to avoid too much uncertainty on the future feed-in tariff (in case it is expected to drop heavily), the proposal has included a yearly range of decrease between 2% and 10%.
With the new flexible tariff, the market would be more "adaptive, stable and certain".
Last week ASIF representatives had a meeting with Mr Ignasi Nieto, Energy Secretary General of Spain. “We do not understand the delay in the new legislation; the solar PV industry cannot stop as companies need to forecast their activity, and they cannot wait until September for that" said ASIF. However, after last weekend's elections, when socialists remained in power, the new legislation is expected to be released soon. We will keep all of you informed.
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