The Spanish competition authority, known as CNMC, has announced that the debt of the electricity system has decreased to €5.727 billion in 2024. This figure represents a 27.2% reduction from the debt recorded in 2023, indicating a positive trend in the management of the electricity sector's finances.

This reduction in debt is significant as it reflects improvements in the financial health of the electricity system, which is crucial for ensuring stable energy prices and reliable service for consumers. The CNMC continues to monitor the market to prevent anti-competitive practices that could harm consumers and businesses alike.

As part of its mandate, the CNMC promotes effective competition across various sectors, including energy, and aims to protect consumer interests. The authority's efforts in regulating the electricity market are essential for maintaining a balanced and fair environment for all stakeholders involved.