NEC Exempt Resolution No. 176 that Determines the Scope on the Exclusive Business Purpose of Energy Distribution Companies
Carey, June 2020
The National Energy Commission (“NEC”) issued on May 29, 2020 the Exempt Resolution No. 176 (“NEC ER 176”) that determines the scope on the exclusive business purpose and separate accountings of energy distribution companies, for the provision of the energy distribution public service according to what was set in Law No. 21,194. The NEC ER 176 was published in the Official Gazette on June 9, 2020...
Law Establishes New Power Transmission Systems and Creates an Independent Coordinating Body for the National Power System (Law No. 20. 936)
Carey, August 2016
On July the 27th 2016, Law No. 20.936 that establishes New Power Transmission Systems and creates an Independent Coordinating Body for the National Power System (the “Transmission Law” or “New Law”) was published. Its stated objectives are to ensure that transmission does not become an obstacle to power generation, increase competition in the electrical market and boost the development of non-conventional renewable energies...
© Carey, 2021