The CNMC (National Commission on Markets and Competition) has opened a public consultation regarding two circulars that address the methodology for compensating electric transport and the unit values for installations. This initiative is crucial for companies in the electric transport sector, as it may influence their operational costs and pricing strategies.

Competition law advisors are urged to monitor these developments closely, as changes in compensation methodologies could alter market dynamics and competition. Businesses may need to reassess their compliance strategies and market positioning in light of the new regulations. The article emphasizes the role of the regulatory body in ensuring fair competition while prioritizing consumer protection.

The CNMC encourages public participation in regulatory processes and highlights the importance of reporting practices that may undermine competition. It provides resources to help consumers make informed choices and assists businesses in maintaining market balance through proper regulation and public procurement guidelines.

The CNMC is reviewing the compensation methodology for electricity transport activities every six years, aiming to create an efficient and transparent regulatory framework, especially considering the significant investments required for the energy transition. Two proposals have been opened for public consultation, allowing stakeholders and the public to provide input.

Competition law advisors should encourage their clients to participate in these consultations to voice concerns or suggestions, as this could influence the final regulatory framework. Additionally, businesses in the energy sector should prepare for potential changes in compensation structures that may arise from this review, impacting their financial planning and investment strategies.

The circulars introduce new technical and economic parameters for the regulatory period from 2026 to 2031, focusing on efficient resource allocation and improved network management performance. Key changes include annual investment value calculations, new financial returns for ongoing projects, restructured quality incentives, and increased penalties for delays.

The first circular updates the compensation calculation methodology to reflect increased investments needed for the energy transition, while the second circular revises reference values for investment and operation/maintenance of electric transport installations based on actual costs from the previous regulatory period.

These changes indicate a shift towards a more robust regulatory environment that could impact investment strategies and operational costs for businesses involved in electric transport. Companies should prepare for adjustments in their financial planning and compliance strategies in response to these new methodologies and values.