Spain's National Markets and Competition Commission (CNMC) has decided to forward its proposed regulations for gas infrastructure remuneration to the Council of State for final review.
The move follows a public consultation period during which the regulator chose to maintain its initial framework rather than revise it based on stakeholder feedback.
Additionally, the proposal outlines a 2% increase in allowed revenues for Naturgy, the integrated energy company, extending through 2027.
The draft circulars include provisions allowing for the return on amortized assets for Enagás, the country's primary gas transmission operator.
Additionally, the proposal outlines a 2% increase in allowed revenues for Naturgy, the integrated energy company, extending through 2027.
These terms aim to balance infrastructure investment needs with consumer cost controls.
By sending the proposals to the Council of State, the CNMC initiates the final administrative step before the rules can be formally adopted.