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HomeLatest NewsCompetition sets REE's remuneration at 82.6 million euros for 2023

Competition sets REE’s remuneration at 82.6 million euros for 2023

Date: November 29, 2023 Time: 01:19:38

The National Commission for Markets and Competition (CNMC) has given the green light to the resolution establishing the remuneration to Red Electrica de España (REE) at 82.6 million euros for 2023 for operating the electrical system and the prices to agents for financing.

This amount incorporates an estimate of the term of remuneration for incentives (which remains at 2%), consistent with a maximum level of compliance, to which an adjustment will be made based on the level of compliance.

Retribution to Red Eléctrica

Likewise, this remuneration incorporates the balance of the regulatory account whose objective is to cover the cost derived from possible new regulatory obligations, both at a national and European level, which may be assigned to the system operator throughout the next regulatory period. These costs must be subsequently reliably accredited by the system operator, as reported by the body chaired by Cani Fernández and collected by Europa Press.

Likewise, the prices to be passed on to the agents for the financing of the remuneration of the system operator consist of a fixed fee, whose value amounted to 200 euros per month, and a variable fee that must be paid by the demand and generation by the programs schedules corresponding to 2023 and amounting to 0.15971 euros per MWh. The variable quota has been calculated based on a national demand forecast for 2023 of 254.7 TWh.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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