In short, government support mechanisms always exist in a complicated, multifaceted relationship with private sector profitability in the renewables industry. Often nothing less than essential to enabling profits insofar as they serve to mitigate revenue and development risk, such mechanisms themselves represent a risk of sorts to continued profitability, since what the government giveth it can also take away. Spain, among others, has seen that – and NextEra Energy, as we saw, likewise knows it.

