Overcapacity as a Barrier to Renewable Energy Deployment: The Spanish Case

Table 4

Responses of the interviewees on the consequences of overcapacity.

Interviewee	Most relevant		Least relevant
	First	Second	Second least relevant	Least relevant
Utility A	1	2	3	4
Regulator A	1	4	3	2
Utility B	1	4	3	2
Regulator B	1	2	4	3
Regulator C	1	2	3	4
Regulator D	1	4	2	3
Expert A	1	2	3	4
Expert B	1	4	3	2
Expert C	1	4	2	3
Renewable energy association	1	4	3	2
Utility C	1	4	2	3

Note: (1) it leads to a suboptimal allocation of economic resources, (2) it is rather a distributive issue: the losers are the investors in CCGTs, (3) it is rather a distributive issue: the losers are the investors in renewable energy technologies, and (4) it is rather a long-term problem in the context of a transition towards a new energy model: overcapacity is a very important obstacle for future investments in renewable energy.