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Spain Approves Rule to Shield RECORE Revenues From Zero‑Price Power Hours

Storage and large demand units must now join control centers and feed real‑time data to the system operator.

Overview

  • The Council of Ministers approved the measure at MITECO’s request to protect regulated renewable plants from sustained zero or negative wholesale prices.
  • Equivalent operating hours will no longer be reduced for energy sold during six or more consecutive zero‑price hours or for energy not sold due to technical restrictions.
  • The change preserves the RECORE framework’s legally guaranteed reasonable profitability through 2031 during prolonged low‑price episodes.
  • The rule extends control‑center membership and real‑time telemetry obligations to storage assets and to demand facilities connected to the transmission grid.
  • Officials cite roughly 62,000 installations as beneficiaries, with just over 8,000 MW directly affected out of about 40,000 MW of renewables in Spain, and report 700 zero or negative price hours through September.