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Order Eit/1459/2014, Of 1 August, Approved The Compensation Parameters And Sets The Mechanism Of Allocation Of The Specific Compensation Arrangements For New Wind And Photovoltaic Installations In Power Systems Of...

Original Language Title: Orden IET/1459/2014, de 1 de agosto, por la que se aprueban los parámetros retributivos y se establece el mecanismo de asignación del régimen retributivo específico para nuevas instalaciones eólicas y fotovoltaicas en los sistemas eléctricos de ...

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TEXT

I

The electrical systems of the non-peninsular territories are subject, in accordance with the provisions of Article 10 of Law 24/2013, of December 26, of the Electrical Sector, to a singular regulation that serves the specificities derived from its territorial location.

The enactment of Royal Decree-Law 9/2013 of July 12, which takes urgent measures to ensure the financial stability of the electricity system, marked the beginning of the process of reform of the electricity sector. established the mandate to the Government to approve a new legal and economic regime for existing electricity production facilities from renewable energy sources, cogeneration and waste. It also introduced the concrete principles on which the regime applicable to these installations will be articulated, which were subsequently integrated into Law 24/2013 of 26 December of the Electrical Sector.

In compliance with that mandate, Royal Decree 413/2014 of 6 June 2014 regulating the activity of producing electrical energy from renewable energy sources, cogeneration and waste, which establishes the legal and economic arrangements for such installations.

Law 24/2013 of 26 December of the Electricity Sector provides, in Article 14.7, that the Government may exceptionally establish a specific remuneration scheme to promote production from energy sources. renewable, high-efficiency cogeneration and waste, where its introduction would lead to a reduction in energy costs and external energy dependence, by setting out the terms in which it is to be achieved.

By virtue of that forecast, the fifth additional provision of Royal Decree 413/2014 of 6 June 2014 regulating the production of electric energy from renewable energy sources, cogeneration and electricity generation wastes, establishes a specific remuneration regime for new installations of electric power production of wind and solar photovoltaic technologies and modifications of existing wind installations that are located in the systems electricity from non-peninsular territories.

In accordance with Article 14.7 of Law 24/2013 of 26 December of the Electricity Sector, and with the fifth additional provision of Royal Decree 413/2014 of 6 June 2014, the granting of the specific remuneration scheme and the value of the initial investment will be determined by the competitive concurrency procedure.

However, the abovementioned additional provision, fifth, except, under the provisions of the transitional provision of Law 24/2013 of 26 December, the application of the competitive competition procedure for those facilities referred to in that transitional provision, provided that their putting into service occurs before 31 December 2016.

On the other hand, article 18 of the aforementioned royal decree regulates the mechanism of calculation of the incentive to investment for reduction of the cost of generation, applicable to the installations of those technologies that can be installed in the electrical systems of non-peninsular territories.

II

The singularities of electrical systems in non-peninsular territories with respect to the peninsular system, which are mainly derived from their isolated character and their small size, make the cost of electricity generation more expensive compared to the peninsula.

These generation costs have increased substantially over the last few years, and so has been done to the same extent by the extraction of generation in these systems. This extracoste is well passed on among all the electrical consumers through the tolls or among all the taxpayers through the General Budget of the State. This ensures the principle that all consumers pay the same for electricity regardless of their geographical location.

The generation of non-peninsular systems has increased by 38 percent since 2009.

On the other hand, these systems present, given their small size, greater difficulties for the integration of the electrical production from renewable energy sources due to the characteristics of the same.

Electricity demand is mostly covered with fossil-based thermal technologies, with the participation of renewable energy sources still modest. In 2013, the percentages of demand coverage from renewable energy sources were just 2.3 percent and 7.6 percent in the Balearic and Canary Islands, respectively, and practically zero in Ceuta and Melilla. This is in contrast to the national total, which in 2013 has exceeded 40 percent.

However, according to the analysis carried out by the system operator, it is possible to integrate a higher rate of generation of renewable sources in safety conditions, contributing also to the reduction of the cost of generation in addition to the diversification of primary energy sources, reduction of energy dependency and reduction of CO2 emissions.

It is particularly important that in these systems the cost of generation from photovoltaic and wind technology is lower than generation from fossil-based thermal technologies. Thus, the replacement of conventional generation by renewable generation will result in reductions in the extraction of generation in the electrical systems of non-peninsular territories, and will therefore favour the balance between revenues and costs. of the electrical system. In the light of the above, the technological development experienced in recent years allows for greater economic efficiency of these technologies, and secondly, that the remuneration scheme for the new facilities will be granted by means of a competitive competition mechanism which will reduce the costs of generation, and other mechanisms for the granting of the remuneration scheme.

Therefore, the promotion of the production of electrical energy from renewable energy sources can reduce the costs of operating these systems, encourage the entry of new agents, alleviate the ageing of the Generation park and ultimately contribute positively to the balance between the revenues and costs of the electricity system.

This cheaper cost is especially significant if it fits in the Canary Islands, Ceuta and Melilla where the conventional generation is even more expensive than in the Balearic Islands. In this respect, this order also provides for an additional incentive for investment for certain wind and photovoltaic installations in the Canary Islands, Ceuta and Melilla, for a very significant reduction in generation costs in the Canary Islands. these systems.

Comparatively between these systems, it should be noted that the larger size of the Canary electric system compared to that of Ceuta and Melilla, allows for a greater integration of non-manageable renewable technologies with technical criteria of security.

Additionally, the Canarian electricity system accounts for most of the cost of generating non-peninsular systems, and its generation park has a high degree of obsolescence, where 41 percent of the power Available is more than 20 years. Also in the canary system and in the particular wind case, there are abundant resources that have not been exploited.

For the reasons described above and to ensure the execution of wind installations in the Canary Islands in the shortest possible time, this order speeds up the introduction of wind energy into the Canary Islands system, establishing for a maximum quota of 450 MW with the exception of the requirements relating to the auction mechanism, in accordance with the transitional provision of Law 24/2013 of 26 December.

III

This order is issued under the enablement set out in the fifth additional provision of Royal Decree 413/2014 of 6 June. In this order the mechanism for allocating the specific remuneration scheme is developed, which will be carried out by means of auctions which the Secretary of State for Energy may convene whenever certain technical and technical conditions are met. economic sustainability of the system. It also provides for an alternative procedure for granting the specific remuneration scheme for wind installations in the Canary Islands, in order to speed up the operation of these facilities and to enable them to reduce generation costs as soon as possible.

In accordance with Article 14.7 (c) in the concurrency procedure the concept to be auctioned shall be the percentage of reduction of the standard value of the initial investment of the reference type installation, with which it shall be obtained the standard value of the initial investment of the type installation. From the latter value and from the other remuneration parameters of the type installation, the remuneration for the investment of the type installation shall be obtained by applying the remuneration methodology set out in Title IV of Royal Decree 413/2014, of 6 June, by which the activity of the production of electrical energy from renewable energy sources, cogeneration and waste is regulated.

Royal Decree 413/2014, of June 6, regulates in its article 13 that it will be established, by order of the Minister of Industry, Energy and Tourism, with the agreement of the Commission Delegated for Economic Affairs, a classification of type installations, with their specific code, depending on the technology, installed power, age, electrical system, as well as any other segmentation deemed necessary for the application of the remuneration scheme.

Each type of facility corresponds to a set of remuneration parameters that concretize the specific remuneration regime and allow the application of the same to the facilities associated with this type of installation, the most relevant to the investment remuneration, the regulatory life, the number of minimum operating hours, the operating threshold and, where applicable, the incentive for the investment to reduce the cost of generation.

For the calculation of the remuneration parameters of the reference type installation, the costs necessary to carry out the activity by an efficient and well-managed company shall be considered, avoiding the creation of remuneration. appropriate, in accordance with the provisions of Law 24/2013 of 26 December of the Electrical Sector.

Likewise, and in the development of the aforementioned article 13 of Royal Decree 413/2014, of 6 June, this order approves the remuneration parameters of the installations of the reference type of wind and solar photovoltaic technologies application in the first competitive concurrency procedure.

Additionally, the remuneration parameters of wind technology facilities located in the Canary Islands that will not be subject to the auction procedure are approved.

The registration of an installation in the Register of specific remuneration in the state of operation and its assignment to a type installation, shall be necessary for the perception of the specific remuneration to be corresponds.

This order also aligns with the objectives of reducing the costs of the activities aimed at the supply of electrical energy and with the improvement of the technical and economic efficiency of the system as a whole at the same time as an improvement in security of supply, provided for in Law 17/2013 of 29 October, for the guarantee of supply and increased competition in island and extra-island electricity systems.

Moreover, during the first half of last year 2013 have been received in the Ministry of Industry, Energy and Tourism written by several companies distributing electric power with less than 100,000 customers connected to their networks by requesting the review of the remuneration allocated to this undertaking for the year 2013 at the nexus I of Order IET/221/2013 of 14 February 2013 establishing the access tolls from 1 January 2013 and the fees and charges premiums for the special scheme facilities.

Under the provisions of that Annex I of Order IET/221/2013 of 14 February 2013 and of the provisions of Article 3 of Royal Decree-Law 9/2013 of 12 July 2013 laying down urgent measures to ensure the financial stability of the electricity system, it is necessary to review for those companies the remuneration for the first period of 2013 and as a consequence of the second period of 2013 and the year 2014.

Moreover, in line with the provisions of Order IET/1045/2014 of 16 June 2014 approving the remuneration parameters of the standard facilities applicable to certain energy production facilities It is established that electricity from renewable energy sources, cogeneration and waste, and in accordance with Article 27.6 of Law 11/2007 of 22 June, of electronic access of citizens to Public Services, is mandatory for the submission of the request for participation in the auction and registration mechanism in the Register of specific remuneration scheme in the pre-allocation state by electronic means. It has been considered that reasonably interested parties, by reason of their economic and technical capacity, will be guaranteed the access and availability of the precise technological means.

According to the requirements of Article 5.2 and the transitional provision of Law No 3/2013 of 4 June of the creation of the National Commission on Markets and Competition, this order has been the subject of a report by the Commission. National Commission of the Markets and Competition, who for the preparation of its report has taken into consideration the observations and comments of the Advisory Council of Electricity, through which the process of hearing has been evacuated sector and consultations with the autonomous communities.

By agreement of 31 July 2014, the Government Delegation for Economic Affairs has authorised the Minister of Industry, Energy and Tourism to issue this order.

In its virtue, with the prior approval of the Minister of Finance and Public Administrations, I have:

CHAPTER I

Object and Scope

Article 1. Object.

1. The purpose of this order is to establish the mechanism for allocating the specific remuneration scheme applicable to new installations for the production of electric energy from wind and solar photovoltaic technologies and modifications to existing wind installations which are located in the electrical systems of the non-peninsular territories, in accordance with the provisions of the fifth additional provision of Royal Decree 413/2014 of 6 June 2014 regulating the activity of the production of electrical energy from renewable energy sources, cogeneration and wastes.

2. In addition, the remuneration parameters of the reference type facilities to be the subject of the allocation mechanism and which will apply in the first competitive competition procedure are approved.

Article 2. Scope.

1. This order shall apply to the following installations for the production of electrical energy located in the electrical systems of the non-peninsular territories, according to the classification established in Article 2 of the Royal Decree 413/2014, of 6 June, regulating the activity of the production of electrical energy from renewable energy sources, cogeneration and waste:

(a) Facilities of sub-groups b.1.1 and b.2 which, at the entry into force of this order, meet the following two requirements:

(i) which would not have been definitively entered in the administrative register of electrical energy production facilities dependent on the competent body.

(ii) which would not have been registered in the Register of Preallocation of Pay under the provisions of Royal Decree 1578/2008 of 26 September 2008 and Royal Decree-Law 6/2009 of 30 April 2009.

(b) Subgroup facilities b.2.1 which, at the entry into force of this order, are permanently registered in the administrative register of electrical energy production facilities dependent on the organ competent, which are the subject of an amendment involving at least the replacement of wind turbines, either in the whole of the installation or the new remuneration unit described in Article 4.4, by new and without prior use, and the amendment is not definitively registered in the register at the date of entry into force of the order.

2. Installations in the electrical systems of non-peninsular territories which are the ownership of a business or a business group which has a percentage of power generation of a generation of power generation, shall be excluded from the scope of this order. In the case of the case-law of the European Parliament, the Commission has taken into account the fact that, in the light of the information provided by the Commission, the Commission has not been able to take the necessary measures to ensure that the island and extra-island electrical systems.

Article 3. Typology of photovoltaic installations.

For the purposes of this order, sub-group b.1.1 installations shall be classified in two types:

(a) Type I. Installations that are located on decks or facades of fixed buildings, closed, made of resistant materials, dedicated to residential, service, commercial or industrial uses, including those of a character Livestock.

It is expressly excluded from this type I facilities located on greenhouse structures, covered in irrigation rafts, open parking structures and the like.

b) Type II. Installations not included in type I above.

CHAPTER II

Specific Remuneration Scheme

Article 4. Specific remuneration scheme.

1. Installations falling within the scope of this order resulting from the auction for the allocation of remuneration as set out in Chapter III and complying with the requirements and procedures laid down in this order and in the Royal Decree 413/2014 of 6 June 2014 regulating the production of electrical energy from renewable energy sources, cogeneration and waste, will receive the specific remuneration regime regulated in this royal decree.

2. The specific remuneration scheme applicable to a particular installation shall be determined on the basis of the remuneration parameters of the associated type-installation.

3. The remuneration parameters of the type installation shall be calculated on the basis of the remuneration parameters of the application reference type for the auction calls and the percentage of reduction obtained from the auction of the agreement as provided for in Article 6.

4. For installations as defined in Article 2.1.b), in the case where the modification concerns only part of the installation, the part of the modified installation shall be considered as a new remuneration unit for remuneration purposes, The remuneration scheme of the non-amended part shall be unchanged.

The bid in the auction will be made by the power of the new remuneration unit.

Within the maximum period of one month from the date of unavailability of the part of the original installation to be modified, the person concerned shall request the waiver of the specific remuneration for the power removed from that part of the original installation before the Directorate-General for Energy Policy and Mines, without prejudice to the communication to the competent authority of the modification of the power in the Register of production facilities corresponding electrical energy. The waiver of the specific remuneration scheme shall have effect from the said date of unavailability and shall be final, without prejudice to the specific remuneration scheme which, where appropriate, is recognised as the modified installation.

Article 5. Remuneration parameters of the reference type installation.

1. The remuneration parameters of the application reference type installation for the auction calls shall be as follows:

a) Regulatory life.

b) The standard value of the initial investment of the reference type installation.

c) Number of hours of operation equivalent.

d) Price considered for estimating the operating income from the sale of energy.

e) Lower and lower market price limits.

f) The price tag factor considered to estimate the operating income from the sale of energy, for each technology.

(g) Number of hours of minimum annual operating equivalent, annual operating threshold and applicable percentages for the calculation of the minimum number of hours of operation and the threshold for the operation of the periods of three, six and nine months.

h) Operating costs.

i) Remuneration for the investment of the reference type facility.

j) Incentive to investment for reduction of generation cost.

k) Value on which the reasonable return will be turned.

For a reference type installation, differentiated values of the remuneration parameters may be distinguished on the basis of the year of final exploitation authorisation.

2. The values of the remuneration parameters of the reference type installation, for each year of final exploitation authorisation, corresponding to the first auction and the identification codes for those reference type installations shall be those listed in Annex I.

The subsequent calls will require the prior approval, by order of the Minister of Industry, Energy and Tourism, with the agreement of the Government Delegation for Economic Affairs, of new values of the the remuneration parameters of the reference rate facility to adjust them to the estimated development of the operating income from the sale of energy, the investment costs and the operation of the facilities or any other factor affecting the profitability of the new installations.

3. Notwithstanding the foregoing, new auctions to which the values and methodology in force at the auction will apply may be convened within nine months of the call for an auction, even without prior approval. previous.

Article 6. Remuneration parameters for type installations.

1. The remuneration parameters of the facility shall be calculated as follows:

(a) The values of the parameters defined in paragraphs (a), (c), (d), (e), (f), (g), (h), (j) and (k) of Article 5.1 of the standard facility with definitive operating authorisation in a given year shall be the same as the values of the parameters of the associated reference type of installation, for that year of final exploitation authorisation.

(b) The standard value of the initial investment of the type facility with definitive operating authorisation in a given year shall be calculated by applying the percentage of the reduction obtained from the auction process to the standard value of the initial investment for the type of reference and year of the final approval approved for each call.

(c) The remuneration for the investment of the type-installation shall be obtained by applying to the parameters defined in the preceding paragraphs the methodology defined in Title IV of Royal Decree 413/2014 of 6 June 2014. the production of electrical energy from renewable energy sources, cogeneration and waste.

The order of the Minister of Industry, Energy and Tourism provided for in Article 5.2, for subsequent calls, in which the values of the remuneration parameters of the auctions are approved, shall include a simplified expression which shall allow the calculation of the remuneration for the investment of the type installation from the percentage of the reduction in the standard value of the initial investment resulting from the auction and the return to the investment of the reference type facility. This expression shall be obtained by applying the methodology defined in Title IV of Royal Decree 413/2014 of 6 June 2014 regulating the production of electrical energy from renewable energy sources, cogeneration and wastes. For the first auction, that expression is set out in Annex I. 3.

2. The identification code for each type installation is included in Annex I. 3.

3. The remuneration parameters of the type facility will be reviewed and updated in accordance with the provisions of Article 14.4 of Law 24/2013 of 26 December and with Royal Decree 413/2014 of 6 June, which regulates the activity of production of electrical energy from renewable energy sources, cogeneration and waste.

In this way, neither the regulatory life nor the standard value of the initial investment of the type installation, calculated as described in paragraph 1, may be reviewed or the standard value.

Article 7. Calculation of minimum hours and operating thresholds.

For the purposes of Article 21 of Royal Decree 413/2014 of 6 June, as regards corrections to the final annual correction at the end of the first, second and third quarters of each year, for the calculation of the number of minimum operating hours and the operating threshold for the periods from 1 January of each year to 31 March, until 30 June and until 30 September respectively, shall be calculated as a multiply the number of hours of minimum annual operating hours and the annual operating threshold, by the percentages set out in Annexes I and II for each period and type installation.

CHAPTER III

Auction Procedure

Article 8. Auction call.

1. The allocation of the specific remuneration scheme applicable to installations falling within the scope of this royal decree shall be carried out by means of an auction procedure.

2. The Secretary of State for Energy may convene auctions for the allocation of remuneration for a given power, in line with the objectives of energy policy and economic sustainability of the system, and provided that the technologies are compatible with the technical and integration criteria on the network which are determined on the basis of the call by the system operator.

The power shall not exceed the power used to provide for the forecast of generation costs with regulated remuneration in non-peninsular territories, approved in accordance with the provisions of the legislation which regulates the activity of the production of electrical energy and the procedure of dispatch in the electrical systems of the non-peninsular territories.

3. The auctions shall be convened by resolution of the Secretary of State for Energy to be published in the "Official State Gazette".

4. Where the procedure concerns a single Community or Autonomous City, it shall, after approval, request a report on the call, in so far as it may affect the particular exercise of its powers, giving it a maximum period of 15 days for the can make observations.

The reports received will be published in the electronic headquarters of the Ministry of Industry, Energy and Tourism so that they can be consulted by the interested parties, prior to the completion of the deadline for submission of requests.

5. Natural or legal persons who fulfil the requirements laid down in this order and in the call for the corresponding auction may participate in the auction for the allocation of remuneration, without prejudice to the other conditions which be enforceable in accordance with the rules in force.

Article 9. Characteristics of the auctions.

1. The concept to be auctioned will be the percentage of reduction of the standard value of the initial investment of the reference type installation that is approved for each call.

2. Under the provisions of Article 12.2 of Royal Decree 413/2014 of 6 June 2014, the remuneration scheme is granted for a given power value of the established technologies and features, not associated with a particular installation.

3. In the resolution of the invitation to tender referred to in Article 8, at least:

a) The auction model.

(b) The power quota of the auctions, if any, by island or electrical system, including, if necessary, zonal restrictions.

c) Where appropriate, the maximum power of each offer submitted for an individual installation.

d) Rules that do not have a confidential character to be applied to the auction.

e) The deadline for submitting the applications and the date of each auction.

(f) Where appropriate, the data to be included in the request for participation in the additional auction to the information set out in Article 10.

In the same way, particular conditions may be established for determining the allocation of remuneration. In particular, minimum reserve reduction coefficients may be established for different amounts of power to be awarded, in such a way that these quantities will not be fully awarded in the auction process if there are no bids. whose tenders contain reduction coefficients equal to or greater than those reserve values, or other reserve mechanisms. Where appropriate, the reserve mechanisms shall be set out in a confidential annex to the resolution of the Secretary of State for Energy approving the rules of the auction. This Annex shall be sent to the auction monitor.

Article 10. Request to participate in the auction.

1. The request for participation in the auction and registration mechanism in the Register of specific remuneration in the pre-allocation state shall be made by electronic means in accordance with the provisions of the additional provision third, to the General Directorate of Energy Policy and Mines, which for these purposes will be the instructor.

2. The application shall include the following blocks of information in Annex V. 1 to Royal Decree 413/2014 of 6 June 2014 governing the production of electrical energy from renewable energy sources, cogeneration and wastes:

a) "Holder data".

b) "Legal Representative Data".

c) The block "Installation data" shall indicate the power for which the remuneration scheme is requested (KW).

d) Of the block "Data for the identification of the type installation" shall be indicated the technology, category, group, subgroup, if any, typology of the photovoltaic installation and code of the reference type installation.

e) "Warranty information".

Additionally, the request will include the percentage of reduction of the standard initial investment value of the reference type facility and the isolated island or electrical system to which it belongs exclusively in those cases in that the resolution of the auction call for island quotas or an isolated electrical system.

The deposit of the General Deposit Box must also be attached to the deposit of the economic guarantee as set out in Article 44 of Royal Decree 413/2014 of 6 June 2014, for the amount laid down in Article 14 of this Regulation. order.

The description of the guaranteed obligation will include literally the following text: " Obtaining the registration of the installation in the Register of specific remuneration in the state of operation, in any event, the requirements laid down in Article 46 of Royal Decree 413/2014 of 6 June 2014.

The economic offer will be presented in accordance with the established rules and conditions to be determined by the Secretary of State for Energy in the resolution calling for the auction.

3. The decision to call for tenders may amend the information to be included in the application for participation in the auction and registration mechanism in the Register of specific remuneration in the pre-allocation state.

Article 11. Auction monitor entity.

The National Markets Commission and Competition will be the auction monitor. For these purposes, it shall appoint two representatives acting on behalf of that institution, with full powers, in the supervisory function of the auction and, in particular, for the purpose of confirming that the process has been objective, transparent, and not discriminatory, and that the auction has been developed in a competitive manner, not having appreciated the use of practices which may lead to restrictions on competition or other faults in the development of the same, and will proceed, where appropriate, to the validation results.

In addition, after each auction, the Commission will produce a report on its development and potential improvements, which will be forwarded to the Secretary of State for Energy.

For the purpose of performing its function, the supervisory body may ask the system operator for any information it deems necessary, in the format and within the time limits it deems appropriate.

Article 12. Resolution of the auction procedure.

1. To the end of the term of presentation of the bids, the application of the rules of the auction established in the call and the determination of the power and the percentages of reduction of the standard value of the investment initial installation of the reference type obtained from the auction.

2. The auction may be declared deserted, by resolution of the Secretary of State of Energy, after the supervisory body's report, if there is not enough competitive pressure.

3. The award in the auction shall entail the registration of the power awarded in the Register of specific remuneration in the pre-allocation state.

4. Before 10 days elapse after the auction, and once the results have been validated by the supervisory body, the Directorate-General for Energy Policy and Mines will decide on the resolution of the auction and sign up to the the Register of specific remuneration in the pre-allocation state of the holders and the powers awarded.

All other requests will be understood to be rejected. However, the data subject may submit a new application for participation in successive auctions.

The above resolution will be published in the "Official State Gazette" and will include at least the total power auctioned, the total power allocated and the percentage of reduction obtained from the auction process for all bids. awarded in the auction, as well as the relationship of applications that have not been awarded at the auction.

Against this resolution which does not end the administrative route, an appeal may be brought before the Secretary of State for Energy in accordance with the provisions of Articles 114 and 115 of Law 30/1992, of 26 November, of the Legal Regime of the Public Administrations and of the Common Administrative Procedure.

5. The outcome of the auction will be binding on all participants who have submitted bids at the auction.

The percentage of reduction obtained from the auction process shall be applied, as set out in Article 6, in the calculation of the remuneration parameters of the type-installations.

Article 13. Requirements for registration in the Register of specific remuneration in the state of operation.

1. The procedure for registration in the Register of specific remuneration in the state of operation shall be carried out in accordance with the provisions of Article 47 of Royal Decree 413/2014 of 6 June.

Also, according to the provisions of Article 12.4 of Royal Decree 413/2014 of 6 June 2014, they must be included in the application for registration of the installation in the Register of specific remuneration in the state of exploitation, in addition to the provisions referred to in Article 47, the following information:

a) Installation included in Article 2.1.b) (S/N).

b) Installation location data (address, municipality, postal code, province, cadastral reference, and geographic coordinates of the polygonal).

2. The wind and photovoltaic installations linked to the tenders which would have been awarded the auction shall have a maximum period of 36 months and 18 months respectively for the fulfilment of the requirements laid down in Article 46. Royal Decree 413/2014 of 6 June 2014 regulating the activity of the production of electrical energy from renewable energy sources, cogeneration and waste.

3. In order to be entitled, where appropriate, to the investment incentive for the reduction of the generation cost referred to in Article 18 of Royal Decree 413/2014 of 6 June 2014, the wind and photovoltaic installations linked to the offers have been awarded the auction, must comply with the requirements laid down in Article 43 and 46 of the said royal decree within the maximum period of 24 and 12 months, respectively, from the date of publication in the Official Gazette of the State " of the decision to settle the auction. If these periods are not satisfied, but if the time limits laid down in the preceding paragraph are met, they shall be entitled only to the specific remuneration scheme which is generally governed by the provisions of the title. IV of Royal Decree 413/2014 of 6 June 2014, but they will not be entitled to the investment incentive for reduction of the generation cost referred to in Article 18 of the Royal Decree 413/2014 of 6 June 2014.

4. Pursuant to Article 46 (1) (b) of Royal Decree 413/2014 of 6 June 2014, the installation or installations for which registration is applied for in the Register of specific remuneration in the state of operation shall be such as to the same characteristics as those indicated in the application for registration in pre-allocation status in relation to the following blocks of information:

(a) "Data for the identification of the type installation" in respect of the technology, category, group, subgroup, if any, type of photovoltaic installation and code of the reference type installation.

b) Island or electrical system in which the installation is located, exclusively in those cases where the resolution of the convocation of the auction establishes quotas by island or electrical system.

c) Headline.

In relation to the power registered in the Register of specific remuneration in the state of operation, the provisions of Article 46 of Royal Decree 413/2014 of 6 June 2014 shall apply.

Also, the established zonal restrictions that may have been established in the auction call resolution shall be respected.

Additionally, the type installation associated with the installation for which the registration is requested in the state of operation, will have to be one of those linked to the installation reference type of the enrollment pre-allocation as set out in Annex I. 3.

Article 14. Economic guarantee.

1. The amount of the economic guarantee expressed as a function of the installed power, as set out in Article 44 of Royal Decree 413/2014, of 6 June, shall be EUR 50 /kW.

2. If the auction is declared deserted or if the offer is not accepted, the cancellation of the previously constituted guarantee will proceed, and the interested party must be asked to cancel it before the General Directorate of Energy Policy and Mines.

Additional disposition first. Reasonable profitability of the reference type facilities.

In accordance with the additional provision of Royal Decree 413/2014 of 6 June 2014 on the activity of the production of electrical energy from renewable energy sources, cogeneration and waste, for the facilities to which the specific remuneration scheme is granted to them under the provisions of this order, as provided for in Article 14.7 of Law 24/2013 of 26 December of 26 December, the reasonable return of the type of project of reference during the first regulatory period will rotate, before taxes, environment to the average return on the State Obligations to ten years, calculated as the average of the prices on the secondary market in the months of April, May and June 2013, increased by 300 basis points.

Additional provision second. Incentive to investment for reduction of generation cost.

For the purposes of Article 18 of Royal Decree 413/2014 of 6 June 2014, which regulates the production of electricity from renewable energy sources, cogeneration and waste, they are fixed for the first regulatory semi-period the values of the threshold coefficient for the perception of the investment incentive by reduction of the generation cost (A) and the incentive coefficient (B) by 0,45 and 0.06 respectively.

The incentive for the reduction of the generation cost for the type of facilities obtained from the auction procedure will be the same as the reference type of facilities that correspond to them.

Additional provision third. Electronic communications relating to the procedures regulated in this order.

1. As provided for in Article 27.6 of Law 11/2007 of 22 June 2007 on the electronic access of citizens to Public Services, applications, written and communications relating to the procedures for registration, modification and cancellation in the Register of specific remuneration, any other procedure governed by the rules of application relating to that registration and with the specific remuneration scheme, as well as the resources and claims which may be derived, presented exclusively by electronic means, with a certificate electronic, in the electronic headquarters of the Ministry of Industry, Energy and Tourism.

This obligation shall include the practice of administrative notifications by electronic means, in accordance with Articles 32.1 and 40 of Royal Decree 1671/2009 of 6 November 2009, for which the Law is partially developed 11/2007, of 22 June, of electronic access of citizens to public services, to be carried out by electronic appearance in the electronic headquarters of the Ministry of Industry, Energy and Tourism, accessible by the interested parties electronic certificate.

2. In cases where communication is mandatory through electronic means and no such means are used, the competent administrative body shall require the appropriate remedy, warning that, if the requirement is not met, the person concerned shall be given a withdrawal of his request in accordance with the provisions of Article 32.3 of Royal Decree 1671/2009 of 6 November 2009, without the validity or effectiveness of such communication where such a breach has taken place.

Additional provision fourth. Review of the remuneration for the first period of 2013, the second period of 2013 and the year 2014 for several electricity distribution companies with less than 100,000 customers connected to their networks.

As a result of the review requests made under the provisions of Annex I of Order IET/221/2013 of 14 February 2013 by several electricity distribution companies, the review of the remuneration for the first period of 2013, the second period of 2013 and the year 2014, which shall become the following table:

Retribution in €

R1-035

R1-262

R1-266

Distributor company

First period of 2013

2013 Second Period

Retribution 2014

R1-028

MEDINA GARVEY ELECTRICITY, S.L.U.

4.191.929

3.139.166

7.330.557

DISTRIBUTION WEST ELECTRICAL S.L.U.

5.697.437

4.292.308

9.748,913

R1-036

BERMEJA ELECTRICAL DISTRIBUTOR, S.A.

3.180.816

2.371.806

5.378.154

R1-044

COUNTY, S.A.

2.207.996

1.652.912

3.751.557

R1-049

ELECTRICAL PITARCH DISTRIBUTION, S.L.U.

4.442.788

3.361.017

8.335.537

R1-054

MIAJADAS ENERGY, S.A.

2.034.632

1.516.347

3.434.640

R1-091

AVELLANA, S.L.

574.181

435.843

980.879

R1-115

HYDROELECTRIC VEGA, S.A.

1.177.395

884,915

2.075.007

R1-175

PORTILLO ELECTRICAL DISTRIBUTIONS, S.L.

962,741

717.927

1,615.219

GUADALFEO ELECTRIC, S.L.

352,685

265,854

597,888

CHILDREN OF MANUEL PERLES VICENS, S.L.

69,150

51,753

116.430

R1-302

ARAMAIOKO ARGINDAR BANATZAILEA, S.A.

155.480

117.085

261,810

R1-337

DISTRIBUCIO MUNICIPAL POWER OF TirVIA, S.L.

33,193

24,850

55,767

Additional provision fifth. Application.

The Secretary of State for Energy is empowered to approve, by resolution, the particular rules of application to each of the auctions and to dictate how many resolutions are necessary for the execution of this order.

Additional provision sixth. Wind installations in the Canarian Electrical System.

1. By resolution of the Director General of Energy Policy and Mines, up to a maximum of 450 MW of wind power, the right to the perception of the specific remuneration regime regulated in Royal Decree 413/2014, of 6 June, may be granted by the that the activity of the production of electrical energy from renewable energy sources, cogeneration and waste is regulated, to wind technology installations located in the Canary Islands falling within the scope of this order.

Such installations shall be subject to the requirements and procedures laid down in that royal decree and in this order, with the exception of those relating to the auction mechanism, in accordance with the provisions of this Regulation. Twelfth of Law 24/2013, of December 26.

The remuneration parameters of the applicable facilities during the first regulatory semi-period shall be as set out in Annex II.

2. The requirements to be met by the operators of the facilities to apply for this scheme shall be as follows:

(a) Haber deposited with the General Deposit Box the economic guarantee provided for in Article 44 of Royal Decree 413/2014 of 6 June, which regulates the activity of producing electrical energy from sources for renewable energy, cogeneration and waste, for the amount set out in Article 14 of this order.

b) Dispose of the administrative authority of the installation or modification of an existing installation.

(c) Dispose of a system operator certificate, with a maximum age of 1 year at the time of submission, to determine the date on which the installation has provided the capacity for evacuation for the requested power; or either the planned date on which such a capacity is to be provided, where appropriate, with the planning of the approved transport network and with the degree of implementation of the necessary network infrastructure.

3. Applications for registration in the Register of specific remuneration in a pre-allocation state shall be sent to the Directorate-General for Energy Policy and Mines by electronic means, in the terms provided for in this order and in the Royal Decree 413/2014 of 6 June.

The deadline for submission of applications will start on 15 September 2014 and will last for 2 months.

Where applications submitted do not cover the power objective set out in paragraph 1 of this provision, new periods for the submission of applications may be established by means of a decision of the Registrar of State. This resolution will be published in the Official Gazette of the State.

The application shall additionally include the information set out in paragraph 1 of Annex V to Royal Decree 413/2014 of 6 June, the date of administrative authorisation, the date of availability of the evacuation (according to the system operator's certificate) and the date of the lodging of the guarantee with the General Deposit Box.

The application shall be accompanied by the supporting documentation of the fulfilment of the requirements defined in the previous paragraph, including the deposit of the General Deposit Box of the deposit of the economic guarantee regulated in Article 44 of Royal Decree 413/2014 of 6 June 2014, for the amount laid down in Article 14 of this order.

The description of the guaranteed obligation will include literally the following text: " Obtaining the registration of the installation in the Register of specific remuneration in the state of operation, in any event, the requirements laid down in Article 46 of Royal Decree 413/2014 of 6 June 2014.

.

4. For installations as defined in Article 2.1.b), in the case where the modification concerns only part of the installation, the part of the modified installation shall be considered as a new remuneration unit for remuneration purposes, The remuneration scheme of the non-amended part shall be unchanged.

The application for registration in the Register of specific remuneration in pre-allocation status shall be made by the power of the new remuneration unit.

Within the maximum period of one month from the date of unavailability of the part of the original installation to be modified, the person concerned shall request the waiver of the specific remuneration for the power removed from that part of the original installation before the Directorate-General for Energy Policy and Mines, without prejudice to the communication to the competent authority of the modification of the power in the Register of production facilities corresponding electrical energy. The waiver of the specific remuneration scheme shall have effect from the said date of unavailability and shall be final, without prejudice to the specific remuneration scheme which, where appropriate, is recognised as the modified installation.

5. In order to grant this regime the General Directorate of Energy Policy and Mines will proceed according to the following criteria:

(a) The coverage of the power objective set out in paragraph 1 shall be made by default, excluding the first application that exceeds the same.

(b) The facilities shall be entered in the Register of specific remuneration in the pre-allocation state, chronologically, starting with those whose dates of availability of evacuation capacity for the power requested, in accordance with the certificate defined in paragraph 2.c), to be older, until the intended power target is met.

(c) In the case of equality of several applications as a result of the application of the priority criterion set out in the preceding paragraph, the preference shall be established from the date of the administrative authorisation, giving preference to the earliest date. In the event of equality, the date of the lodging of the guarantee shall be filed with the General Deposit Box, giving preference to the earliest date. If equality is maintained, the lower power installation project will be preferred.

6. Those applications which are estimated in accordance with the provisions of the previous paragraph shall be entered by the Directorate-General for Energy Policy and Mines in the Register of specific remuneration in the pre-allocation state. All other requests will be dismissed.

The maximum time limit for issuing and notifying the registration resolution in the Register of specific remuneration in the pre-allocation state shall be three months. This resolution will be published in the Official Gazette of the State.

Against this resolution which does not end the administrative route, an appeal may be brought before the Secretary of State for Energy in accordance with the provisions of Articles 114 and 115 of Law 30/1992, of 26 November, of the Legal Regime of the Public Administrations and of the Common Administrative Procedure.

7. In accordance with the provisions of the transitional provisions of Law 24/2013 of 26 December of 26 December of the Electricity Sector and of the fifth Royal Decree 413/2014 of 6 June 2014, the installations covered by this Regulation (a) a provision which is entered in the Register of a specific remuneration scheme in a pre-allocation state, shall, before 31 December 2016, be required to comply with the requirements laid down in Article 46 of Royal Decree 413/2014, June, to be entered in that Register in a state of operation.

8. In order to be entitled to the investment incentive for reduction of the generation cost referred to in Royal Decree 413/2014 of 6 June 2014, the facilities covered by this provision, which are entered in the Register of remuneration specified in the pre-allocation state, they shall have a maximum period of 24 months for the fulfilment of the requirements laid down in Article 46 of the said royal decree, from the date of publication of the resolution of registration in the "Official State Gazette", in any case the date of compliance with those requirements must be earlier on 31 December 2016. If this period is not satisfied, but if it is the period laid down in the preceding paragraph, they shall be entitled only to the specific remuneration scheme which corresponds to them as a general rule in Title IV of Royal Decree 413/2014, 6 of (b) June, but they shall not be entitled to the investment incentive for reduction of the generation cost referred to in Article 18 of that Royal Decree 413/2014 of 6 June.

9. By virtue of the provisions of Article 46.1.b of Royal Decree 413/2014 of 6 June 2014 regulating the production of electrical energy from renewable energy sources, cogeneration and waste, the installation or modification of an existing installation for which registration is applied for in the Register of specific remuneration in the holding state shall have the same characteristics as those indicated in the entry in the pre-allocation state in relation to the following blocks of information as set out in paragraph 1 of Annex V to the Royal Decree 413/2014, of 6 June:

(a) "Installation data", without prejudice to the provisions in relation to the power referred to in Article 46.

b) "Data for identification of type installation".

c) Headline.

10. The remuneration parameters of the type installations will be reviewed and updated as provided for in Royal Decree 413/2014 of 6 June, which regulates the activity of the production of electrical energy from sources of renewable energy, cogeneration and waste.

Additional provision seventh. Support from European funds.

In the case where the facilities with a specific remuneration scheme, granted under this order, would be awarded for some form of aid or subsidy resulting from a call for aid (a) the remuneration of the remuneration scheme shall be reduced in such a way as to obtain a return at least equal to that set out in Royal Decree 413/2014 of 6 June.

Single transient arrangement. Auction convocation until the first approval of the generation cost forecast with regulated system remuneration.

The provisions of the second paragraph of Article 8 (2) shall not apply until the date on which the forecast of generation costs with regulated remuneration in the non-peninsular territories is approved for the first time with regard to the rules governing the activity of the production of electrical energy and the procedure for the dispatch of electrical systems in non-peninsular territories.

Single repeal provision. Regulatory repeal.

Any provisions of equal or lower rank shall be repealed as opposed to the provisions of this order.

Final disposition first. Competitive titles.

This order is dictated by the rules 13. and 25. th of article 149.1 of the Constitution, which attributes to the State exclusive competence in the field of bases and coordination of the general planning of economic activity and of the mining and energy regime, respectively.

Final disposition second. Entry into force.

This order shall enter into force on the day following that of its publication in the "Official State Gazette".

Madrid, August 1, 2014. -Minister of Industry, Energy and Tourism, José Manuel Soria López.

ANNEX I

Remuneration parameters of the reference type of photovoltaic technology in non-peninsular electrical systems and wind technology in the Ebalar, Ceuta and Melillense electrical systems, applicable to the first convocation of the auction and the first regulatory semi-period

1. For the first auction, the reference rate facilities are set out below and for each of them the values of the remuneration parameters are set on the basis of the year of the operating authorisation. definitive:

Electrical Subsystem/Island

rowspan="3">

ITR-0011

.

Fuerteventura.

Melilla.

rowspan="3">

ITR-0032

Reference Type Installation Identification Code

Definitive Operating Authorization Year

Regulatory Life (years)

Standard value of initial investment (*) (€/MW)

Number of operating equivalent hours (h)

Exploitation Costs (€/MWh)

N th Annual Minimum Operating Hours Nh (**) Annual (h)

Annual Uf Operating Threshold (**) (h)

Rind Investment Remuneration 2014-2016 (€/MW)

Incentives to investment for reduced generation costs Iinv (€/MWh)

Wind Installations

Mallorca.

ITR-0001

2014

20

1.245,000

2,600

27.96

1,300

780

80,280

1.245,000

2,600

28.05

1,300

780

80.101

0.00

2016

20

1.245,000

2,600

28.08

1,300

780

80,207

2017

20

1.245,000

2,600

28.45

1,300

780

80,381

0.00

Menorca.

ITR-0002

2014

20

1.245,000

2,600

27.96

1,300

780

80,280

0.00

2015

20

2,600

28.05

1,300

780

80,101

0.00

20

1.245,000

2,600

28.08

1,300

780

80,207

0.00

2017

20

1.245,000

2,600

1,300

1,300

80,381

1,300

Ibiza.

ITR-0003

2014

20

1.455,000

2,200

30,97

1,100

660

114.202

0.00

2015

20

1.455,000

2,200

31.08

1,100

660

114.089

2016

20

1,455,000

2,200

31.13

660

660

114,218

0.00

2017

20

1.455,000

2,200

31.50

1,100

660

114.406

0.00

Formentera.

ITR-0004

2014

20

1.455,000

2,200

30,97

1,100

660

114.202

0.00

2015

20

1,455,000

2,200

31.08

1,100

660

114.089

0.00

2016

20

1.455,000

2,200

31.13

1,100

660

114.218

1,455,000

2,200

31.50

1,100

660

114.406

0.00

ITR-0005

ITR-0005

20

20

2,900

27,18

1,450

870

93,626

1.455,000

2015

2,900

27,27

1,450

870

93.397

7.76

2016

20

1.455,000

2,900

1,450

870

93,485

7.76

2017

20

1,455,000

2,900

27.64

1,450

870

93.650

7.76

.

ITR-0006

2014

20

1,455,000

2,200

30,97

1,100

660

114.202

7.18

2015

20

1.455,000

2,200

31.08

1,100

660

114.089

7.18

20

1.455,000

2,200

31.13

1,100

660

114.218

7.18

2017

20

1.455,000

2,200

31.50

1,100

660

114.406

7.18

Type I PV

Mallorca.

ITR-0007

2014

30

552,578

1,506

41.33

904

527

36,613

0.00

2015

30

546.352

1.506

41.52

904

527

36,169

0.00

2016

30

545,652

1,506

41.89

904

527

36,391

.

ITR-0008

2014

30

552,578

1.506

41.33

904

527

36,613

0.00

2015

30

546.352

1.506

41.52

904

527

36,169

0.00

2016

30

545,652

1,506

41.89

904

527

36,391

0.00

Ibiza.

ITR-0009

2014

30

1.556.558

1.506

45.54

904

527

127.191

0.00

2015

30

1.400.903

1.506

904

904

527

113.254

0.00

2016

30

1.330.857

1.506

45.18

904

527

107.167

Formentera.

ITR-0010

2014

30

1.556.558

1.506

904

904

527

127.191

0.00

2015

30

1.400.903

1.506

45.10

904

527

113.254

0.00

2016

30

1.330.857

1,506

45.18

904

527

107.167

0,00

Canaria.

2014

30

1.556.558

42.91

1,050

613

122.334

0.00

2015

30

1.400.903

1,750

1,050

1,050

613

108,341

0,00

2016

30

1.330.857

1,750

42.65

1,050

613

102.294

0.00

Tenerife.

ITR-0012

2014

30

1.556.558

1,750

42.91

613

122.334

0.00

2015

30

1.400.903

1,750

42.54

1,050

613

108,341

0.00

30

1.330.857

1,750

42.65

1,050

613

102.294

0.00

.

ITR-0013

2014

30

1.556.558

1,750

42.91

1,050

613

122.334

0.00

2015

30

1.400.903

1,750

42.54

1,050

613

108,341

0.00

2016

30

1.330.857

1,750

1,050

1,050

613

102.294

ITR-0014

ITR-0014

2014

30

1.556.558

42.91

1,050

613

122.334

0.00

2015

30

1.400.903

1,750

1,050

1,050

613

108,341

2016

30

1.330.857

1,750

42.65

613

102.294

0.00

La Palma.

ITR-0015

2014

30

1.556.558

1,750

42.91

1,050

613

122.334

2015

1.400.903

1.400.903

Centro_table_body " >1,750

42.54

613

108,341

0.00

2016

30

1.330.857

1,750

42.65

1,050

613

102.294

0.00

The Gomera.

ITR-0016

2014

30

1.556.558

1,750

42.91

1,050

613

122.334

6.43

2015

30

1.400.903

1,750

42.54

1,050

613

108,341

6.43

2016

30

1.330.857

1,750

42.65

1,050

613

102.294

6.43

The Iron.

ITR-0017

2014

30

1.556.558

1,750

42.91

1,050

613

122.334

8.98

30

1.400.903

1,750

42.54

1,050

613

108,341

8.98

2016

30

1.330.857

1,750

42.65

1,050

613

102.294

8.98

ITR-0018

2014

30

1.556.558

1,617

44.25

970

566

125.058

2015

1.400.903

1.400.903

1,617

970

970

566

111.088

0.00

2016

30

1.330.857

1,617

970

970

566

105,020

Melilla.

ITR-0019

2014

30

1.556.558

1,617

970

970

566

125.058

0.00

2015

30

1.400.903

1,617

970

970

566

111.088

0,00

2016

30

1.330.857

1,617

43.94

970

566

105,020

0.00

Installations Type II

Mallorca.

ITR-0020

2014

30

562.763

1.506

40.61

904

527

36,372

0.00

2015

30

558,926

1.506

40.80

904

527

36,148

0,00

2016

30

554.066

1,506

41.15

904

527

35,997

Menorca.

ITR-0021

2014

30

562.763

1,506

40.61

904

527

36,372

0.00

2015

30

558,926

1,506

40.80

904

527

36,148

0.00

2016

30

554.066

1.506

904

904

527

35,997

Ibiza.

ITR-0022

2014

30

1.279.006

43.63

904

527

101.226

0.00

2015

30

1.215.056

1.506

43.56

904

527

95,523

2016

30

1.154.303

1.506

43.68

904

527

90,277

0.00

ITR-0023

2014

30

1.279.006

1.506

43.63

904

527

101.226

0.00

2015

30

1.215.056

1,506

43.56

904

527

95,523

0.00

30

1.154.303

1,506

43.68

904

527

90.277

0.00

Canaria.

ITR-0024

2014

30

1.279.006

1,750

41.14

1,050

613

95.850

5.34

2015

30

1.215.056

1,750

41.10

1,050

613

90.156

2016

30

41.24

1,050

613

84,954

5.34

ITR-0025

ITR-0025

2014

30

1.279.006

1,750

41.14

1,050

613

95.850

1.215.056

41.10

1,050

613

90.156

0.00

2016

30

1.154.303

1,750

1,050

1,050

613

84,954

ITR-0026

2014

30

1.279.006

41.14

1,050

613

95.850

6.06

2015

30

1.215.056

1,750

1,050

1,050

613

90.156

6.06

2016

30

1.154.303

1,750

41.24

1,050

613

84,954

6.06

ITR-0027

2014

30

1.279.006

1,750

41.14

613

95.850

6.06

2015

30

1.215.056

1,750

41.10

1,050

613

90.156

6.06

30

1.154.303

41.24

1,050

613

84,954

6.06

The Palm.

ITR-0028

2014

30

1.279.006

1,750

41.14

1,050

613

95.850

5.53

2015

30

1.215.056

41.10

1,050

613

90.156

5.53

2016

30

1.154.303

1,750

1,050

1,050

613

84,954

5.53

The Gomera.

ITR-0029

2014

30

1.279.006

41.14

1,050

613

95.850

7.14

2015

30

1.215.056

1,750

1,050

1,050

613

90.156

1,154.303

2016 Centro_table_body " >1,750

41.24

1,050

613

84,954

7.14

The Iron.

ITR-0030

2014

30

1.279.006

1,750

41.14

1,050

613

95.850

9.69

2015

30

1.215.056

1,750

41.10

1,050

613

90.156

9.69

30

1.154.303

1,750

41.24

1,050

613

84,954

9.69

.

ITR-0031

2014

30

1.279.006

1,617

970

566

970

98,835

5.85

2015

30

1.215.056

1,617

42.35

970

566

93.135

5.85

2016

30

1.154.303

1,617

42.48

970

566

87,910

5.85

2014

30

1.279.006

1,617

42.41

970

566

98,835

6.45

2015

30

1.215.056

1,617

970

566

93.135

6.45

2016

30

1.154.303

1,617

42.48

970

566

87,910

6.45

(*) The investment values in the systems of Mallorca and Menorca are those for which the start-up of new installations generates savings to the costs of the system.

(**) In accordance with Article 21.8 of Royal Decree 413/2014 of 6 June 2014, the indicated values for the minimum operating hours and the operating threshold shall apply from the year onwards. following the first year of specific remuneration accrual.

Note: The remuneration parameters for the year 2017, belonging to the following regulatory semi-period, are indicative and will be revised according to Article 20 of Royal Decree 413/2014 of 6 June.

The applicable percentages for the calculation of the minimum operating hours and the operating threshold for periods from 1 January to 31 March, up to 30 June and up to 30 September will be as follows:

-Percentage applicable from January 1 to March 31: 15% for wind technology and 10% for PV technology.

-Percentage applicable from 1 January to 30 June: 30% for wind technology and 20% for PV technology.

-Percentage applicable from 1 January to 30 September: 45% for wind technology and 30% for PV technology.

2. General remuneration assumptions and parameters for the application of the reference type and the type of facilities included in this Annex:

2.1 Higher and lower market price limits for the years 2014, 2015 and 2016 for the application of the provisions of Article 22 of Royal Decree 413/2014 of 6 June.

2014

2015

2016

LS2 (€/MWh)

56.21

57.52

57.75

LS1 (€/MWh)

52.21

53.52

53.75

LI1 (€/MWh)

44.21

45.52

45.75

LI2 (€/MWh)

40.21

41.52

41.75

2.2 Price considered for estimating the operating income from the sale of energy.

2014

2015

2016

2017

Price considered for estimating energy sales revenue (€/MWh)

48.21

49.52

49.75

52.00

2.3 Technology Appointing Coefficient.

The apreq coefficients considered on the estimated market price, for each technology are as follows:

-Wind technology: 0.8889.

-PV technology: 1.0207.

These factors correspond to the technological apatech coefficients for 2014 calculated by the National Commission for Markets and Competition (CNMC), with the information available in that Commission up to 31%. December 2013, relative to the years 2011, 2012 and 2013.

2.4 Applicable value for reasonable profitability.

The average yield of the State Obligations to ten years, calculated as the average of the prices on the secondary market in the months of April, May and June 2013, in accordance with the provisions of the provision First, Royal Decree 413/2014 of 6 June 2014 and applicable to the calculations of remuneration parameters for the installations referred to in this Annex is 4,503.

By increasing this value by 300 basis points, the applicable reasonable return value used for the calculation is 7,503.

2.5 Evolution of operating costs.

The value indicated for each installation type is composed of a fixed term and another variable with production. It has been considered an annual increase of 1% until the end of its regulatory life, with the exception of those items whose evolution is already regulated, such as the cost of the access toll established by Royal Decree-Law 14/2010, of 23 of December, for which urgent measures are put in place for the correction of the tariff deficit in the electricity sector and the Royal Decree 1544/2011 of 31 October establishing the tolls for access to the transport and distribution networks which must satisfy the producers of electrical energy (fixed value of 0.50 €/MWh), or the tax on the value of the production of electric energy (IVPEE) established by Law 15/2012 of 27 December 2012 on tax measures for energy sustainability, with a fixed value of 7% proportional to turnover.

2.6 Specific calculation Hirecon for each technology.

-Solar PV technology (subgroup b.1.1): As for operating hours, it is considered that all installations suffer a loss of performance, and therefore production, of 0.50% per year, which starts to apply from the second year of its regulatory life. For the costs of deviations, the following values are considered: 1,15 €/MWh in 2014, and 0,92 €/MWh from 2015 and until the end of the regulatory life.

-Wind technology (subgroup b.2): In terms of operating hours, it is considered that all installations suffer a loss of performance, and therefore production, of 0.50% per year, which starts to apply to from the sixteenth year of its regulatory shelf life, accumulating annually over the remaining years. For the costs of deviations, the following values are considered: 1 €/MWh in 2014, 0,80 €/MWh in 2015 and 0,60 €/MWh from 2016 onwards, until the end of the regulatory life.

2.7 Methodology of calculation of remuneration for investment.

For the reference type and type of facilities, the methodology for the calculation of the net asset value and the adjustment coefficient as set out in Annex VI to Royal Decree 413/2014 shall apply. June 6.

2.8 Variable generation costs in each electrical system for the establishment of the investment incentive for reduction of the generation cost provided for in Article 18 of Royal Decree 413/2014, of 6 June.

The following are the variable costs of generation per unit of energy (Cvg/Egbc), expressed in €/MWh, applicable to the first half-period.

Fuerteventura

The Iron

Annual variable generation cost for settlement purposes applicable to the first regulatory semi-period (2014-2016) per unit of energy. Cvg/Egbc expressed in €/MWh (*)

Mallorca-Menorca

84.6

Ibiza-Formentera

162.4

Gran Canaria

190.7

Tenerife

184.4

202.8

Palma

193.9

220.9

263.2

Ceuta

205.3

Melilla

215.3

(*) The variable annual cost of generation for the purposes of settlement of each system has been calculated as the sum of the variable cost of generation for the purposes of settlement of the power plants located in that 2012 system plus the costs variable generation of the power plants located on that system not covered by the 2010 system operator.

In accordance with Article 18 of Royal Decree 413/2014 of 6 June 2014, the average price for the calculation of the value of the investment incentive for the reduction of the generation cost has been considered Market estimate in the 2014-2016 regulatory semi-period, and the correlation coefficient has been applied for each technology.

3. Simplified expression for the calculation of the remuneration for the investment of the type installation with year of final exploitation authorisation 'a', of application in the first regulatory semi-period.

The following expression allows the calculation of the remuneration for the investment of the type installation with year of definitive exploitation authorization 'a', from the remuneration to the investment corresponding to the year 'a' of the installation reference type and percentage reduction of the standard value of the initial investment of the reference type installation:

RinvIT,a = RinvITR,a -mIT,a * NetworkITR

Where:

RinvIT,a: Compensation to the investment per unit of power of the type facility with year of final operating authorisation 'a', expressed in €/MW.

RinvITR,a: Pay to the investment per unit of power corresponding to the year 'a' of the reference type installation, expressed in €/MW, to be obtained from paragraph 1 of this annex.

Network: Percentage of reduction of the standard initial investment value of the reference type installation, expressed as 1.

mITR,a: Coefficient applicable to the return on investment corresponding to the year 'a' of the reference type facility, to calculate the remuneration for the investment of the type installation with year of authorisation definitive exploitation 'a':

Electrical Subsystem/Island

ITR-0014

The Gomera.

The Iron.

Melilla.

Ibiza.

Launch.

Fuerteventura.

The Palm.

Reference Type Installation Identification Code

Final Operating Authorization Year to "

Type Installation Identification Code

mITR,a

Mallorca.

ITR-0001

2014

IT-03001

131.347

2015

IT-03002

131.347

2016

IT-03003

131.347

2017

IT-03004

131.347

Menorca.

ITR-0002

2014

IT-03005

131.347

2015

IT-03006

131.347

2016

IT-03007

131.347

2017

IT-03008

131.347

Ibiza.

ITR-0003

2014

IT-03009

153.502

2015

IT-03010

153.502

2016

IT-03011

153.502

2017

IT-03012

153.502

Formentera.

ITR-0004

2014

IT-03013

153.502

2015

IT-03014

153.502

2016

IT-03015

153.502

2017

IT-03016

153.502

Ceuta.

ITR-0005

2014

IT-03017

153.502

2015

IT-03018

153.502

2016

IT-03019

153.502

2017

IT-03020

153.502

.

ITR-0006

2014

IT-03021

153.502

2015

IT-03022

153.502

2016

IT-03023

153.502

2017

IT-03024

153.502

I PV

.

ITR-0007

2014

IT-03025

50.112

2015

IT-03026

49.496

2016

IT-03027

49.377

Menorca.

ITR-0008

2014

IT-03028

50.112

2015

IT-03029

49.496

2016

IT-03030

49.377

Ibiza.

ITR-0009

2014

IT-03031

139,643

2015

IT-03032

125,752

2016

IT-03033

119,395

Formentera.

ITR-0010

2014

IT-03034

139,643

2015

IT-03035

125,752

2016

IT-03036

119,395

Canaria.

ITR-0011

2014

IT-03037

140.857

2015

IT-03038

126,771

2016

IT-03039

120.432

Tenerife.

ITR-0012

2014

IT-03040

140.857

2015

IT-03041

126,771

2016

IT-03042

120.432

.

ITR-0013

2014

IT-03043

140.857

2015

IT-03044

126,771

IT-03045

120,432

ITR-0014

2014

IT-03046

140.857

2015

IT-03047

126,771

2016

IT-03048

120.432

The Palm.

ITR-0015

2014

IT-03049

140.857

2015

IT-03050

126,771

IT-03051

120,432

ITR-0016

2014

IT-03052

140.857

2015

IT-03053

126,771

2016

IT-03054

120,432

ITR-0017

2014

IT-03055

140.857

2015

IT-03056

126,771

2016

IT-03057

120.432

Ceuta.

ITR-0018

2014

IT-03058

140.313

2015

IT-03059

126.282

2016

IT-03060

119,967

ITR-0019

2014

IT-03061

140.313

2015

IT-03062

126.282

2016

IT-03063

119.967

Type II PV

ITR-0020

2014

IT-03064

51.131

2015

IT-03065

50.737

2016

IT-03066

50.247

Menorca.

ITR-0021

2014

IT-03067

51.131

2015

IT-03068

50.737

2016

IT-03069

50.247

ITR-0022

2014

IT-03070

115.453

2015

IT-03071

109,649

2016

IT-03072

104.062

Formentera.

ITR-0023

2014

IT-03073

115.453

2015

IT-03074

109,649

2016

IT-03075

104.062

Canaria.

ITR-0024

2014

IT-03076

116.193

2015

IT-03077

110,297

2016

IT-03078

104,782

Tenerife.

ITR-0025

2014

IT-03079

116.193

2015

IT-03080

110.297

2016

IT-03081

104,782

ITR-0026

2014

IT-03082

116.193

2015

IT-03083

110.297

2016

IT-03084

104,782

ITR-0027

2014

IT-03085

116.193

2015

IT-03086

110,297

2016

IT-03087

104,782

ITR-0028

2014

IT-03088

116.193

2015

IT-03089

110.297

2016

IT-03090

104,782

Gomera.

ITR-0029

2014

IT-03091

116.193

2015

IT-03092

110,297

2016

IT-03093

104,782

The Iron.

ITR-0030

2014

IT-03094

116.193

2015

IT-03095

110.297

2016

IT-03096

104,782

.

ITR-0031

2014

IT-03097

115.867

2015

IT-03098

109,986

2016

IT-03099

104.456

.

ITR-0032

2014

IT-03100

115.867

2015

IT-03101

109,986

2016

IT-03102

104.456

In no case shall the value of the remuneration for the investment be negative, if a negative value is obtained from the previous formulation, the return to the investment shall be deemed to be zero.

ANNEX II

Remuneration of wind technology facilities in the Canarian Electrical System applicable during the first regulatory semi-period

1. Values of the remuneration parameters of the type facilities.

1.1 The values of the remuneration parameters of the type facilities with year of final exploitation authorisation 2014, of application in the first regulatory semi-period, with the following:

Electrical Subsystem/Island

Fuerteventura.

Identification Code

Util Life Regulatory (years)

Initial investment standard value (€/MW)

Number of operating equivalent hours (h)

Operating Costs (€/MWh)

N ° Hours of Operation minimum Nh (*) Annual (h)

Annual Uf (*) Operating Threshold (h)

Rind Investment 2014-2016 (€/MW)

Incentive to Inv Generation Cost Reduction Investment (€/MWh)

Installations

Gran Canaria.

IT-03103

20

1.402,000

3,000

29,50

1,500

900

94,205

6.94

Tenerife.

IT-03104

20

1.402,000

2,700

31.08

1,350

810

103,028

6.15

.

IT-03105

20

1.402,000

2.850

30.25

1,425

855

98,622

7.47

IT-03106

20

1,402,000

3,200

28,61

1,600

960

88,326

7.89

The Palm.

IT-03107

20

1,450,000

3,400

27.93

1,700

1,020

87,521

7.48

The Gomera.

IT-03108

20

1,450,000

4,500

24,84

2,250

1,350

55,184

9.90

The Iron.

IT-03109

20

1,450,000

3,250

28.52

1,625

975

91,954

11.47

(*) In accordance with Article 21.8 of Royal Decree 413/2014 of 6 June 2014, the indicated values for the minimum operating hours and the operating threshold shall apply from the following year. the first year of the specific payment accrual.

1.2 The values of the remuneration parameters of the type facilities with year of final operating authorisation 2015, of application in the first regulatory semi-period, with the following:

Electrical Subsystem/Island

Fuerteventura.

The Palm.

Identification Code

Util Life Regulatory (years)

Initial investment standard value (€/MW)

Number of operating equivalent hours (h)

Operating Costs (€/MWh)

N ° Hours of Operation minimum Nh (*) Annual (h)

Annual Uf (*) Operating Threshold (h)

Rind Investment 2015-2016 (€/MW)

Incentive to Inv Generation Cost Reduction Investment (€/MWh)

Installations

Gran Canaria.

IT-03110

20

1.402,000

3,000

29.61

1,500

900

94,049

6.94

IT-03111

20

1.402,000

2,700

31.20

1,350

810

102,922

6.15

.

IT-03112

20

1.402,000

2.850

30.36

1,425

855

98,491

7.47

IT-03113

20

1.402,000

3,200

28,71

1,600

960

88,137

7.89

IT-03114

20

1,450,000

3,400

28.03

1,700

1,020

87.299

7.48

The Gomera.

IT-03115

20

1,450,000

4,500

24,92

2,250

1,350

54,778

9.90

Iron.

IT-03116

20

1,450,000

3,250

28.62

1,625

975

91,757

11.47

(*) In accordance with Article 21.8 of Royal Decree 413/2014 of 6 June 2014, the indicated values for the minimum operating hours and the operating threshold shall apply from the following year. the first year of the specific payment accrual.

1.3 The values of the remuneration parameters of the type facilities with year of final operating authorisation 2016, of application in the first regulatory semi-period, with the following:

Electrical Subsystem/Island

The Palm.

Identification Code

Util Life Regulatory (years)

Initial investment standard value (€/MW)

Number of operating equivalent hours (h)

Operating Costs (€/MWh)

N ° Hours of Operation minimum Nh (*) Annual (h)

Annual Uf (*) Operating Threshold (h)

Rind Investment 2016 (€/MW)

Incentive to Inv Generation Cost Reduction Investment (€/MWh)

Installations

Gran Canaria.

IT-03117

20

1.402,000

3,000

29,66

1,500

900

94,224

6.94

Tenerife.

IT-03118

20

1.402,000

2,700

31.26

1,350

810

103.115

6.15

.

IT-03119

20

1.402,000

2.850

30.42

1,425

855

98,675

7.47

Fuerteventura.

IT-03120

20

1,402,000

3,200

28,76

1,600

960

88,301

7.89

IT-03121

20

1,450,000

3,400

28.06

1,700

1,020

87.451

7.48

The Gomera.

IT-03122

20

1,450,000

4,500

24,93

2,250

1,350

54,866

9.90

Iron.

IT-03123

20

1,450,000

3,250

28.66

1,625

975

91,917

11.47

(*) In accordance with Article 21.8 of Royal Decree 413/2014 of 6 June 2014, the indicated values for the minimum operating hours and the operating threshold shall apply from the following year. the first year of the specific payment accrual.

The applicable percentages for the calculation of the minimum operating hours and the operating threshold for periods from 1 January to 31 March, up to 30 June and up to 30 September will be as follows:

-Percentage applicable from January 1 to March 31: 15%.

-Percentage applicable from January 1 to June 30: 30%.

-Percentage applicable from January 1 to September 30: 45%.

2. General remuneration assumptions and parameters of application to the type-installations listed in this Annex:

2.1 Higher and lower market price limits for the years 2014, 2015 and 2016 for the application of the provisions of Article 22 of Royal Decree 413/2014 of 6 June.

2014

2015

2016

LS2 (€/MWh)

56.21

57.52

57.75

LS1 (€/MWh)

52.21

53.52

53.75

LI1 (€/MWh)

44.21

45.52

45.75

LI2 (€/MWh)

40.21

41.52

41.75

2.2 Price considered for estimating the operating income from the sale of energy.

2014

2015

2016

2017

Price considered for estimating energy sales revenue (€/MWh)

48.21

49.52

49.75

52

2.3 Technology Appointing Coefficient.

The rate of apadel considered over the estimated price of the market, for wind technology is 0.8889.

This coefficient corresponds to the technological approach coefficient for 2014 calculated by the National Commission of Markets and Competition (CNMC), with the information available in that Commission until December 31 2013, relative to the years 2011, 2012 and 2013.

2.4 Applicable value for reasonable profitability.

The average yield of the State Obligations to ten years, calculated as the average of the prices on the secondary market in the months of April, May and June 2013, in accordance with the provisions of the provision First, Royal Decree 413/2014 of 6 June 2014 and applicable to the calculations of remuneration parameters for the installations referred to in this Annex is 4,503.

By increasing this value by 300 basis points, the applicable reasonable return value used for the calculation is 7,503.

2.5 Evolution of operating costs.

The value indicated for each installation type is composed of a fixed term and another variable with production. It has been considered an annual increase of 1% until the end of its regulatory life, with the exception of those items whose evolution is already regulated, such as the cost of the access toll established by Royal Decree-Law 14/2010, of 23 of December, for which urgent measures are put in place for the correction of the tariff deficit in the electricity sector and the Royal Decree 1544/2011 of 31 October establishing the tolls for access to the transport and distribution networks which must satisfy the producers of electrical energy (fixed value of 0.50 €/MWh), or the tax on the value of the production of electric energy (IVPEE) established by Law 15/2012 of 27 December 2012 on tax measures for energy sustainability, with a fixed value of 7% proportional to turnover.

2.6 Specific calculations for wind technology.

-Operating equivalent hours: All installations are considered to suffer a loss of yield, and therefore production, of 0.50% per year, which starts to apply from the sixteenth year of its useful life regulatory, accumulating annually over the remaining years.

-The following values are considered for the cost of deviations: 1 €/MWh in 2014, 0.80 €/MWh in 2015 and 0.60 €/MWh from 2016 onwards, until the end of the regulatory life.

2.7 Methodology of calculation of remuneration for investment.

For these type of facilities, the methodology for calculating the net asset value and the adjustment coefficient as set out in Annex VI to Royal Decree 413/2014 of 6 June 2014 has been applied.

2.8 Variable generation costs in each electrical system for the establishment of the investment incentive for reduction of the generation cost provided for in Article 18 of Royal Decree 413/2014, of 6 June.

The following are the variable costs of generation per unit of energy (Cvg/Egbc), expressed in €/MWh, applicable to the first half-period.

Annual variable generation cost for settlement purposes applicable to the first regulatory semi-period (2014-2016) per unit of energy. Cvg/Egbc expressed in €/MWh

Gran Canaria

190.7

Tenerife

184.4

-Fuerteventura

202.8

The Palm

193.9

The Gomera

220.9

The Iron

263.2

(*) The variable annual cost of generation for the purposes of settlement of each system has been calculated as the sum of the variable cost of generation for the purposes of settlement of the power plants located in that 2012 system plus the costs variable generation of the power plants located on that system not covered by the 2010 system operator.

In accordance with Article 18 of Royal Decree 413/2014 of 6 June 2014, the average price for the calculation of the value of the investment incentive for the reduction of the generation cost has been considered Market estimate in the 2014-2016 regulatory semi-period, and the correlation coefficient for wind technology has been applied.