‪Samaniego addresses the causes of the increased cost of energy in the First Technical Conference on the Electricity Market‬



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## ‪Samaniego addresses the causes of the increased cost of energy in the First Technical Conference on the Electricity Market‬ Adjustment services to balance supply and demand, taxes to offset the crisis, renewable energy premiums or deficit payments are some of the causes

11/11/2014 |
SCP

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The First Technical Conference on the Electricity Market, organized by the Foundation for Energy Efficiency of the Valencian Region, f2e, gathered at the Universitat Jaume I leading specialists and managers in the sector to address the evolution of the electricity market and its future prospects. Peter J. Mejía, president of OMEL and vice-president of OMIE, and Alfonso Bataller, mayor of Castellón, attended the opening ceremony.

Then, María José Samaniego, head of Wholesale Electricity Markets CNMC analysed the Iberian electricity market.  ‪Samaniego explained that the cost of energy has seen an increase that depends on the market and on a regulated party.  ‪"The regulated party rate has increased in recent years to 42% for small and 15% for large consumers and energy costs in the markets has increased by 23% for small and 26% for large consumers", she stated.

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