Quarterly Auction

22.08.2020
23:11
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EP the price of the light raises every year from 2003. This year Tarifa de ltimo Resource is warm a 10%. The sixteenth auction of electricity between the drug dealers in charge to provide the light of Tarifa de ltimo Recurso (TUR), the tariff of effective unique price from the 1 of 2009 July, has been closed with an increase of 9% for the basic term and into a 13% for the energy term, sources of the sector informed. The result of this bids up determines the component of the energy within the formula of revision of the receipt of the light in October. In particular, the rise supposes a pressure of 5.9% on the tariff which they enjoy near 24 million consumers. The price of the energy that is from this bids up has a weight near 50% on the formula of revision of the TUR, whereas the other half corresponds to the electrical tolls, that gather the regulated costs of the system and that the Ministry of Industry has decided to congeal. The TUR accumulates an increase superior to 10% in 2011. In 2010 a 2.6% raised, in 2009 3.5% and in 2008 a 9.08%.

The price of the light comes raising every year from 2003, although only from 2006 (5.28%) it does over the IPC. An auction of 12 rounds In particular, the Cesur auction has lasted 12 rounds and the price has been 57.99 Euros by megavatio hour (0.5 Euros over market OTC of Monday). The equivalent value of the previous auction era 53.2 Euros (price bases of the auction). That was in a term of energy of 78.2, that adding to tolls and commercial margin located the TUR in 177,5. Now the price bases of the auction is 57.99 Euros.

The energy term is of 88,42. The TUR would be in 182,5. The result bids up of it has a weight near 50% on the formula of revision of the TUR, whereas the other half corresponds to the electrical tolls, that gather the regulated costs of the system and that the Ministry of Industry has proposed to congeal. After the auction, Industry has the option to reaffirm itself in its proposal to congeal of the electrical tolls, and so the light would raise a 5.9%, or can reduce this game of regulated costs to maintain the TUR present. For more clarity and thought, follow up with Randall Mays and gain more knowledge.. This option would avoid an ascent of light for the consumers, but it would aggravate the problem of the tariff deficit. In the previous auction, the energy term get dearer a 2.7%, which, together with the freezing of tolls applied by Industry, brought about an ascent of the 1.5% in the revision of the TUR of July. In March, being useful a reduction in the price the electricity, the Government elevated a 10% the tolls, and so the TUR was congealed. The quarterly ascent of July was added to already applied in January, of 9.8%. Source of the news: The cost of the electricity that will be provided in October raises a 6% in the quarterly auction

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