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Updates Energy 2-2012

NEW LEGISLATION INTRODUCED BY ROYAL DECREE-LAW 13/2012 FOR THE TRANSPOSITION OF EC DIRECTIVES ON THE INTERNAL MARKET IN ELECTRICITY AND GAS

The new legislation is contained in Royal Decree-Law 13/2012, of March 30, 2012, transposing directives concerning domestic electricity and gas markets and electronic communications, and adopting measures to remedy diversions for gaps between the costs and revenues of the electricity and gas industries, which was published on March 31, 2012 in the Official State Gazette, and came into force on the following day, April 1, 2011.

The royal-decree law contains a wide range of measures for the energy, gas and telecommunications industries. This newsletter focuses exclusively on the main components relating to the transposition of the directives concerning the domestic electricity and gas markets. It also brings in other measures to correct the revenue/cost gap in electricity and gas systems and for the transposition of EU directives on the electronic communication industry, which are described in separate newsletters.

1. INTRODUCTION

2. AMENDMENTS TO THE ELECTRICITY INDUSTRY LAW
2.1 General aims and principles
2.2 The Spanish National Energy Commission
2.3 Supply
2.4 Appointment and certification of system operators
2.5 Separation of activities
2.6 International cooperation mechanisms in order to comply with the commitments under the renewable energies directive

3. CHANGES TO THE OIL AND GAS INDUSTRY LAW
3.1 General objectives and principles
3.2 Scope of application
3.3 National Energy Commission
3.4 Supply
3.5 Redefinition of the basic natural gas system
3.6 Transmission system operator
3.7 Certification of transmission system operators
3.8 Separation of activities
3.9 Access to the transmission system