EP 69

Claude Crampes, Natalia Fabra

The Spanish Electricity Industry: Plus ça change…

EP 69  | Non-Technical Summary | PDF

Abstract: In this paper we describe the Spanish electricity industry and its current regulatory regime. Special emphasis is given to the description and discussion of market design issues (including stranded cost recovery), the evolution of market structure, investment in generation capacity and network activities. We also provide a critical assessment of the 1997 regulatory reform, which did not succeed in introducing effective competition, but retained an opaque regulation which has been subject to continuous governmental interventionism. Furthermore, the implementation of the Kyoto agreement could show the lack of robustness of the regulatory regime.

Keywords: Spain, electricity, market design, generation, network activities, regulation

Filed Under: Uncategorised

Sorry, comments are closed for this post.

We are using cookies on our website

Are you happy to accept our analytics cookies, which help us learn about our website visitors and their use of this site? Learn how to disable all cookies.