UNEF Annual Report 2018. 2017: The start of a new era for the PV sector. The Spanish scenario

FuturENERGY November 18

2017 figures illustrating the evolution of the PV sector in Spain indicate a turning point and change of course for the sector. Factors that have shaped this trend change include: the award of 3.9 GW of new capacity in the July 2017 auction; the technological competitiveness of the sector and gradual fall in production costs; the objectives for renewable penetration in the energy mix defined by the legal framework of the European Union, today a reality in the form of the EU’s new Renewable Energy Directive; and growing awareness as regards the promotion of self-consumption as an effective and indisputable measure to save energy and reduce CO2 emissions.