Coverage ratio regarding the FIT settlements of March 2015

The Spanish National Authority for Markets and Competition (CNMC) has published the coverage ratio regarding the FIT settlements of March 2015, which has been set at 68,68%. In the following table we can see how the percentages published for 2015 are considerably superior to those applied in the same period of 2014.

This means that renewable energy producers have the right to get paid a 68,68% of the amount they should have received during the first three months of 2015 in the settlements for March. The remaining sum will not be settled until the system’s income allows for this payment.

The highest increase took place between January and February, when the ratio increased more than 30%, whereas the increase between February and March has not been more than 8%.