New regulation of marine renewable energy in Spain

Royal Decree 962/2024,which came into force on September 26, 2024, establishes a competitive bidding procedure for the authorization of marine renewable installations.

The bidding procedure simultaneously awards the economic regime for renewable energies, the reservation of access capacity in a specific node of the transmission network, and priority in the granting of sea and land public domain concessions.

The development of the bidding procedure and the terms and conditions that will govern it are postponed to a subsequent ministerial order.

A special regulation is established for installations considered innovative or that are located in State-owned general interest ports.