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The CNMC Opens The Door To Change Hourly Electricity Rates

The agency does not consider advancing the 'valley' time from 24 hours to 22 o'clock due to the high consumption in that band

In the long run, the CNMC opens the door to change hourly electricity rates when there are changes in consumption. The agency does not consider advancing the ‘valley’ time from 24 hours to 22 o’clock due to the high consumption in that band.

The National Commission of Markets and Competition (CNMC) opens the door to make changes in the new hourly rates when there is a change in habits by electricity consumers , as explained by the president of the organization Cani Fernández during a day organized by APIE in the summer courses of the Menéndez Pelayo International University ( UIMP ).

The new rates , designed by the CNMC more than a year ago and which came into effect on June 1, intend to give a price signal to change the habit of consumers with the aim of flattening the consumption curve to avoid congestion of networks . Thus, the hours with the highest consumption are the most expensive and those with the lowest consumption the cheapest, in order to achieve the transfer of users.

This is the reason, as explained by the president of the super-regulator, why they do not consider advancing the ‘valley’ schedule to 10 p.m., as requested by the ministers of United We Can, Ione Belarra and Alberto Garzón, because between 10 and At 12 at night there is a very high energy consumption in Spain.

“The ‘prime time’ arrives at those hours. In fact, we as audiovisual supervisor have recommended that the ‘ prime time’ be advanced to also advance our way of living a bit , ” Fernández acknowledged.

“I think we have not explained well when we indicate what these time changes are for , the ultimate objective is decarbonization , we cannot talk about the damage to the environment and at the same time not be sensitive to certain behaviors that we must adjust. Everything cannot be done. have in life, “he added.

However, the president of the regulator has insisted that this process of time slots is not static , but rather a “process that begins now and that seeks to accommodate consumption to the availability of the network” and, therefore, when have “complete time series to see to what extent they can be adjusted or not, they could be adjusted in their case.” “If consumption is adapted and changed, we will accommodate as we observe gaps with less congestion in the networks, ” he said.

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