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Spanish Authority Releases Provisional Liquidations for Energy Sectors

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Photo: Fatima Shahid

The Spanish competition authority has published provisional liquidations for the electric, renewable energy, cogeneration, waste, and gas sectors, highlighting significant financial deviations.

15.05.2024 | Spanish competition authority


The Spanish competition authority, CNMC, has announced provisional liquidations for various sectors, including electricity, renewable energy, cogeneration, waste, and gas. These liquidations are crucial for understanding the financial health and regulatory compliance within these industries.

In the electric sector, the liquidation 14/2023 reported a temporary deviation of +3,298.6 million euros, indicating a significant surplus. Conversely, the liquidation 2/2024 showed a decrease of -266.6 million euros, suggesting potential shifts in revenue streams or market conditions.

For the gas sector, the liquidation 5/2024 revealed a 4.5% decrease in declared revenues compared to the previous year. This decline may raise concerns about market performance and could lead to increased scrutiny from regulatory bodies.

Competition law advisors are advised to closely monitor these financial deviations, as they can have substantial implications for market dynamics and compliance requirements for businesses operating in the energy sector.

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