Establish a Business on Electricity and Gas Supply in Spain
Establish a Business on Electricity and Gas Supply in SpainUpdated on Monday 17th September 2018
based on 1 reviews.
Matters related to electricity in Spain are divided between distribution companies and wholesale suppliers, the latter being the single entities that can supply energy to end-consumers. The activities of wholesale suppliers are shared between two types of suppliers – free marketers and reference marketers. Our team of Spanish lawyers can provide in-depth assistance on the legal requirements imposed when starting an electricity supply business in this country.
What are the legal requirements for starting a Spanish electricity supply business?
- • the company must notify the Ministry of Energy on starting its supply activities in Spain through a report and an affidavit;
- • the affidavit should contain relevant information on the company’s capacity to comply with the national legislation on the matter;
- • comply with the regulations prescribed by the Operational Procedures and Electricity Market Operating Rules;
- • comply with the regulations of the Generation Market Functioning Rules.