These new times need new forms of management for CHP, and in industry in general. The new frame-Law 24/2013, RD 413/2014 and Order 1054/2014- is here and CHPs have possibilities and opportunities to compete in the current contexts, and in future even more, provided they effectively implement the reforms pending in regulated business and energy taxation. The “to be or not to be” of CHP will depend on the challenge of managing markets, regulatory developments and more far-reaching reforms.
The driving principle behind Law 15/2012 is quite right – through payment-based operation – to put CHP on an equal footing to compete with other technologies in the market. Conceptually, the payment scheme and administrative framework of Royal Decree 413/2014 is, in its essence, correct.
Article published in: FuturENERGY July-August 2014