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CNMC Announces Financial Settlements for Energy and Gas Sectors in 2025

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Photo: Photo by Fré Sonneveld on Unsplash

The Spanish competition authority, CNMC, is set to release financial settlements for the electricity and gas sectors in May and August 2025, highlighting ongoing market monitoring and compliance requirements.

29.07.2025 | Spanish competition authority


The Comisión Nacional de los Mercados y la Competencia (CNMC) is preparing to publish financial settlements for the electricity and gas sectors in Spain, with the electricity sector's fifth liquidation scheduled for May 2025 and the gas sector's eighth liquidation for August 2025.

These settlements are crucial as they reflect the CNMC's commitment to ensuring fair market practices and preventing anti-competitive behavior. The authority emphasizes the importance of compliance with competition laws, urging businesses to maintain transparency and adhere to regulations to avoid penalties.

In the electricity sector, the fifth liquidation indicates a negative deviation of -567.69 million euros, with total revenues of 5.34 billion euros and costs of 5.91 billion euros. This financial mismatch raises concerns about the sector's stability and may lead to increased regulatory scrutiny.

For the gas sector, the eighth liquidation reports total revenues of 1.39 billion euros, which is 11.6% lower than the previous year. The CNMC's monitoring of these sectors aims to identify discrepancies and ensure compliance with market regulations.

Competition law advisors are encouraged to inform their clients about the potential impacts of these financial results on pricing strategies and market behavior. The CNMC also provides resources for consumers and businesses to enhance market transparency and encourage reporting of irregularities.

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