Spain | Legal Flash Urgent measures to mitigate the impact of rising natural gas prices in gas and electricity retail markets

Publication of Royal Decree-Lay 17/2021 in the Official Gazette

Spain | Legal Flash Urgent measures to mitigate the impact of rising natural gas prices in gas and electricity retail markets
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September 16, 2021

Highlights

> Mechanism to reduce the over­ remuneration of certain facilities

> Long-term power purchase agreements (PPAs) fostered through auctions

> Extension of the temporary suspension of tax on the production value of electricity

> Approval of the temporary exceptional reduction of special electricity tax Criteria for the rational use of water resources

> Measures to protect vulnerable consumers

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September 16, 2021