At the expense of the National Markets and Competition Commission (CNMC) to the Government regulated electricity tariff reform. commanding organism Canine Fernandez suggests waiting”end Implementation of the regulatory mechanism to assess its “necessity and proportionality” on 31 May 2023, and question your target main to provide “affordability” and “stability” to the consumer bill.
This PVPC reform This forms part of an agreement between Spain and the European Commission to implement what is known as the ‘cap for gas price in the electricity market’. For the change to take effect on January 1, 2023, it needs to be made in early October 2022, but ultimately that hasn’t been the case as the Executive has yet to make its assessment. State Council According to government sources, at his proposal.
in a report approved by CNMC general assembly Demonstrating organism on December 16, 2022 very critical About the changes proposed by the government. Accepts the Ministry’s Ecological Transition proposal. allows to reduce volatility “a little” Despite stating that consumer bills “are about 1.7 euros more or less per month for the “average consumer” compared to the current methodology – as he added – “does not represent a relevant profit in stability”.
and criticize it day by day could be a new formula giving “false signals”, Since the daily market does not have the same hourly price profile, there will be hours when the user does not ‘see’ and therefore does not have the signal allowing it, where there is a lot of electricity production at almost zero prices. increase your consumption during those hours. And on the contrary, with the proposed formulation “there are zero or negative prices in the energy cost of PVPC and these prices are not really available in the spot market”.
to throw The new formula allows lower the bill while arguing that it “includes a set of costs that can assume an increase in price compared to the current methodology”. Specifically, the new methodology “softens the increases In scenarios of rising prices, prices and in return, will reduce the discountsin price drop scenarios,” says the text. According to his calculations, In 2021, the new method would bring savings for consumers, In 2022 the result could be more expensive.
Therefore, ask make a new analysis This methodology “once terminate the execution of the setting mechanism To assess the necessity and proportionality of this reform in the PVPC methodology”, on 31 May 2023. Ecological Transition Minister Teresa Ribera announced in an interview this Monday in Espejo Público that she will ask Europe to maintain this price cap “at least until the end of 2024. “, “as the energy crisis continues and there is no electricity market reform in Europe”.
Vulnerable consumers
CNMC is also not in favor of keeping it. Vulnerable consumers in this ratio and wants to “reflect” comfort social bond discount will be calculated on The price of PVPC. Currently, vulnerable consumers can only benefit from the social bonus if they have a price regulated contract. In this sense, CNMC”analyze other alternativesOffering such consumers “more favorable and stable price conditions” and recommends supply to these consumers through energy allocated in renewable tenders
“This formulation of the regulated price paid by vulnerable consumers, and especially of energy costs, simplification in the financing mechanism of the social bonus causing the current design to fall cumulatively electricity consumer“adds agency.
micro interference
The government’s offer limits beneficiaries from the regulated tariff”individuals and micro businesses“. Secondly, it must prove that they have crossed a road. Responsible statement audited by CNMC. However, the supereditor warns: does not have the capacity to do this job. “Considering the high number of micro enterprises, which is 881,360 according to the report attached to the royal edict, this job could not be undertaken by CNMC The report recommending the implementation of “a verification process by the administration” is called “due to the impossibility”.