Posts con el tag ‘Economic Regulation Law’

Neither wind nor demand, just competition

Do not pass any day without news regarding an increase in the power system economic deficit “Tariff deficit”. No day also without rising bills from the power utilities. In July, the Royal Decree-Law 9/2013 to ensure the system financial strength attributed it to levels of rainfall and wind above the average and contraction in demand. December last weeks, allegedly little rain, little wind and higher demand. It is said that anything can be deduced from a contradiction. As well, I gather that it is not the wind or the demand, but competition or, to be precise, its absence in the market, that has caused these shocks. Read the rest of this entry »

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