{"id":9522,"date":"2023-01-18T14:27:00","date_gmt":"2023-01-18T13:27:00","guid":{"rendered":"https:\/\/carteldamageclaims.com\/?p=9522"},"modified":"2023-01-20T16:18:44","modified_gmt":"2023-01-20T15:18:44","slug":"ptteleregulation","status":"publish","type":"post","link":"https:\/\/carteldamageclaims.com\/es\/2023\/01\/18\/ptteleregulation\/","title":{"rendered":"Portugal Competition Authority sanctions Energias de Portugal (EDP) \u20ac48m for abuse of its dominant position in the secondary electricity reserve market"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"9522\" class=\"elementor elementor-9522\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8fce3a0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8fce3a0\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b5de1ca\" data-id=\"b5de1ca\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-e9a995e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e9a995e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-inner-column elementor-element elementor-element-660760a\" data-id=\"660760a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6d4c7f3 elementor-widget elementor-widget-text-editor\" data-id=\"6d4c7f3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>On 17 September 2019, the Portuguese Competition Authority fined the electricity company EDP \u20ac48 million for abusing its dominant position in the market for secondary electricity reserve services in Portugal between 2009 and 2013 by manipulating its electricity offer from its generating units.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-73618e2 elementor-widget elementor-widget-heading\" data-id=\"73618e2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-xl\"><b>Portugal Competition Authority sanctions Energias de Portugal (EDP) \u20ac48m for abuse of its dominant position in the secondary electricity reserve market<\/b><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-79a4568 elementor-widget elementor-widget-spacer\" data-id=\"79a4568\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f9899c elementor-widget elementor-widget-text-editor\" data-id=\"6f9899c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The secondary balancing reserve guarantees the permanent balance in the national electric system and can be provided only by the power plants equipped for that purpose. In 1995, to attract investment in the power plants that the country needed, the State launched international tenders, offering investors Energy Acquisition Contracts, known as CAE. When these CAE were signed, return rates were set for the entirety of their duration (8.5% for the 33 EDP plants). Following European legislation changes, Decree-Law No. 240\/2004 was approved, which determined the early termination of all long-term CAE signed in 1996. To avoid paying producers the compensation provided for in the CAE, the Portuguese State created the Contractual Equilibrium Maintenance Cost mechanism (CMEC), which determined that the plants whose CAE contracts were terminated before the due date would be paid the difference between the CAE amount and the revenue they might have obtained in an open market.<\/p><p>Between 2009 and 2013, EDP limited the offer from its generating units subject to the CMEC regime, while increasing the offer from its units in the open market, thus being paid twice to the detriment of consumers. The increase in wholesale energy prices during the infringement period was estimated in the decision at \u20ac94.8 million, excluding inflation and statutory interest.<\/p><p>This infringement was conducted to the detriment of all consumers who were resident in mainland Portugal while the anti-competitive practices in question took place. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-9764163\" data-id=\"9764163\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8e27616 elementor-widget elementor-widget-heading\" data-id=\"8e27616\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-medium\">Your contacts:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8b70798 elementor-widget elementor-widget-image\" data-id=\"8b70798\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"#cdc-mail-contact\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/carteldamageclaims.com\/wp-content\/uploads\/2020\/12\/Akos-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail wp-image-1862\" alt=\"Meet the Team of experts - Photo of Akos Reger, person in business suit, smiling, male, gallantly, crossed arms\" srcset=\"https:\/\/carteldamageclaims.com\/wp-content\/uploads\/2020\/12\/Akos-150x150.jpg 150w, https:\/\/carteldamageclaims.com\/wp-content\/uploads\/2020\/12\/Akos-510x510.jpg 510w, https:\/\/carteldamageclaims.com\/wp-content\/uploads\/2020\/12\/Akos-200x200.jpg 200w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Akos Reger<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8e6a150 elementor-widget elementor-widget-image\" data-id=\"8e6a150\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"#cdc-mail-contact\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/carteldamageclaims.com\/wp-content\/uploads\/2020\/07\/Jakob-Rueggeberg-Cartel-Damage-Claims-cdc-150x150.png\" class=\"attachment-thumbnail size-thumbnail wp-image-203\" alt=\"Meet the Team of experts - Photo of Jakob R\u00fcggeberg, person in business suit, glasses, smiling, male, gallantly, standing upright\" srcset=\"https:\/\/carteldamageclaims.com\/wp-content\/uploads\/2020\/07\/Jakob-Rueggeberg-Cartel-Damage-Claims-cdc-150x150.png 150w, https:\/\/carteldamageclaims.com\/wp-content\/uploads\/2020\/07\/Jakob-Rueggeberg-Cartel-Damage-Claims-cdc-200x200.png 200w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Jakob R\u00fcggeberg<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>On 17 September 2019, the Portuguese Competition Authority fined the electricity company EDP \u20ac48 million for abusing its dominant position in the market for secondary electricity reserve services in Portugal between 2009 and 2013 by manipulating its electricity offer from its generating units. Portugal Competition Authority sanctions Energias de Portugal (EDP) \u20ac48m for abuse of [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":9525,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[75],"tags":[],"coauthors":[],"class_list":["post-9522","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-_spotlight"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Portugal Competition Authority sanctions Energias de Portugal (EDP) \u20ac48m for abuse of its dominant position in the secondary electricity reserve market - CDC<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/carteldamageclaims.com\/es\/2023\/01\/18\/ptteleregulation\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Portugal Competition Authority sanctions Energias de Portugal (EDP) \u20ac48m for abuse of its dominant position in the secondary electricity reserve market - CDC\" \/>\n<meta property=\"og:description\" content=\"On 17 September 2019, the Portuguese Competition Authority fined the electricity company EDP \u20ac48 million for abusing its dominant position in the market for secondary electricity reserve services in Portugal between 2009 and 2013 by manipulating its electricity offer from its generating units. 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