Energy Updates 1-2013

Royal Decree-Law 2/2013, of February 1, 2013, on urgent measures in the electricity system and in the financial industry was published in the Official State Gazette, and came into force, on February 2.

The new legislation contains new measures to correct the gaps between the costs of the electricity system and the revenues obtained from the regulated prices, which it does by making adjustments to certain costs of the electricity industry and amending Royal Decree 661/2007, of May 25, 2007, on the generation of electricity under the special regime (facilities using cogeneration, renewable energy sources and waste).