The oil minister warns of “additional” measures if not increase competition in fuels.
The Minister of Industry, Energy and Tourism, José Manuel Soria, said that consumers and taxpayers have saved at least 15,000 million euros thanks to energy reform and the measures implemented by the department since 2012 to end the tariff deficit electrical system.
In an interview with Europa Press, the minister felt that the various measures to contain the tariff deficit, “which is government debt when securitized” have been a “savings for the taxpayer” 10,500 million, of which 10.500 million from 2013 and 4,500 million by 2012.
“That’s in debt, but if we talk in terms of the electric bill, we are also saving rises toll rises therefore the price,” he said, before considering “There are cost savings from all sides” and that “the electricity reform is a success story too reformist.”
The minister also said that, “with a very high probability, 2014 will be the year that the electrical system in equilibrium closure, or maybe with some perceptible deficit, “and considered that” there is no cause for concern “for monthly payments that these issues the CNMC months since revenues have yet to reach the system.
In addition, Soria warned that CNMC investigations about what happened in December last year, before the auction electrical invalidated by the government, demonstrate the persistence of “serious doubts “About
what happened those weeks in the electricity market.” When the CNMC that investigation was not opened misguided. Now it has opened a fruit of Article 60 of the Electricity Act, which speaks of grave breaches result from the alteration of record prices. It means to complete and outright clear that there was and there are serious doubts about what was what happened during that period with the evolution of prices, “he said.
Now, it is” expected “results research regulator, although the decision to suspend the result of the power auction Dec. 19 “was very successful,” he said.
Billing by the hour, in this legislature The suspension of quarterly auctions led the Government to design the new review mechanism for new electricity prices, including the implementation of hourly billing.
Soria said “soon” Industry “initiate the process” for the approval of regulatory developments to implement the new system elétrica billable hours once have adjusted the counters.
This time billing take “before you complete this legislature, “he said, before remembering that most of the new digital meters are not adapted to this system because in the time when he started the plan for installation, in 2011, had this purpose.
Warning on oil As for the fuel, the oil minister warned that his department “does not by closed” measures taken in the field of hidrocaburos for improve competition and that could be taken “additional” initiatives if there is no progress in the retail market.
“Oil companies know very well and know that the Ministry and the Government will be in continuous monitoring of the evolution of fuel prices, “said the minister.
industry has” many reasons “for not losing sight of the functioning of this market. “There are several files that are open in the CNMC in relation to practices of operators.’m Not presuppose the results of the records, but are open by observing the evolution of these prices,” he said.
Competition “still insufficient” The other department heads has detected an increase in the number of independent operators since last year hidrocaburos Act was amended, but the arrival of competition seems occur “probably still insufficient way.”
“We have to pass is still time to find exactly what the results are. Yet the Government does not provide for closed amendments to be made in the Act General of Hydrocarbons and if we have to take extra steps to introduce greater liberalization, more action at wholesale and retail levels so that there is increasing competition in the market, we will, “he said.
For the minister, the problem with fuel prices relates “primarily a matter of margins” operators obtained from the sale of gasoline and diesel, as the price of the raw material is similar among all countries and types tax are “among the lowest in Europe.”
No comments:
Post a Comment