Red Eléctrica de España S.A.: Instrument of regulation and liberalization of the Spanish electricity market (1944–2004)

Garrués-Irurzun, Josean; López-García, Santiago M.

doi:10.1016/j.rser.2009.01.028

Cited by 12 publications

(5 citation statements)

References 3 publications

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“…Among other aspects, with the National Energy Plan (1983), the government regained a large part of the decision making over sectorial planning, which had been in the control of UNESA. With the nationalization of the high voltage network (Red Electrica de España, 1985) and the law of unified exploitation of the national electricity system (1984), the government could exercise management and control of the electricity service in two ways: as the regulator of supply and distribution, a role previously fulfilled by UNESA, and as the manager of production and transport, an activity until then consubstantial with the companies' business [38]. Motivated by the policy of financial restructuring, the Administration organized changes in the sector's structure (Exchange of Assets, 1985) at the same time as it notably reinforced its tariff powers (Legal and Stable Framework, 1987).…”

Section: 3mentioning

confidence: 99%

The Regulation of the Spanish Electricity Sector: A Long Way to Convergence

Garrués-Irurzun

2022

Energies

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The regulation of the electricity sector, in general and in the particular case of Spain, has been brilliantly analysed by economists and contemporary jurists placing the emphasis, preferably, on economic efficiency and social justice. This article, based on the writings of economic historians in recent years, has as its objective to shed light on the logic to regulatory changes in Spain. Exactly as has been done for other countries, the explanation of factors and of the characteristics of this regulatory change, without doubt, will contribute to the understanding of its special nature within the overall international panorama, as well as a better understanding of the contributions of other previous and future works from different perspectives of analysis. The conclusions on the historical construction of the regulation of the electricity industry until the twentieth century allow us to define four big stages, deeply conditioned by their political regimes and the economic circumstances of the country, as well as by the unequal importance of economic agents in the taking of decisions: powerful energy companies, weak governments, and a complete lack of consumer input.

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Section: 3mentioning

confidence: 99%

The Regulation of the Spanish Electricity Sector: A Long Way to Convergence

Garrués-Irurzun

2022

Energies

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“…However, there was a wide social perception about the lack of sovereign sources of energy. Paradoxically, this lack of social drive and the social awareness that the problem could only be solved at the macro level left the hands of power companies and the state free, through the public-private partnership REE (Red Eléctrica Española; Spanish Electrical Grid), to install and manage all wind turbines [24].…”

Section: First Window Of Opportunity: Manage Rapid and Massive Incorporation Of Wind Farms (The Digital Control Centre For The Electricitmentioning

confidence: 99%

The Development of Wind Farm Businesses and the Central Control of the Smart Grid in Spain: Making a Virtue of Necessity

López

Cebrián

2021

Energies

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This paper lays out the role of the first centre in the world for the integration into the electrical grid of electricity coming from renewable energy (the Spanish acronym for which is CECRE (Centro de Control de Energías Renovables; Control Centre for Renewable Energies)) and the industrial development of large energy suppliers and wind turbine manufacturers in Spain. These two initiatives enabled the development of one of the first integrated markets for this type of energy source. The key contributions were the development of two software programs (wind management and management of solar light incidence), their visual implementation, and centralized digital control. An economic and business history approach is used to show the rise and relative failure of the Spanish wind industry during the period 2004–2015, when Spain became the fourth country after China, the US, and Germany in terms of installed capacity of renewable energy and, in relative terms, the second country after Denmark. This study is unique in that it provides an integrated vision of the reasons for the relative fall of Spain in the world ranking of wind energy producers. The methodology of the economic analysis of industrial policies makes it possible to explain the fall in the relative importance of Spain in the international panorama of wind farms

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“…In Spain, the TSO has been Red Eléctrica de España (REE) since 1997, after a process of deregulation of the Spanish market. Garrués-Irurzun and López-García [1] describe this process of REE in considerable detail. Fernández and Xiberta [2] describe the current Spanish energy market.…”

Section: Introductionmentioning

confidence: 99%

Application of Discrete-Interval Moving Seasonalities to Spanish Electricity Demand Forecasting during Easter

2019

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Forecasting electricity demand through time series is a tool used by transmission system operators to establish future operating conditions. The accuracy of these forecasts is essential for the precise development of activity. However, the accuracy of the forecasts is enormously subject to the calendar effect. The multiple seasonal Holt–Winters models are widely used due to the great precision and simplicity that they offer. Usually, these models relate this calendar effect to external variables that contribute to modification of their forecasts a posteriori. In this work, a new point of view is presented, where the calendar effect constitutes a built-in part of the Holt–Winters model. In particular, the proposed model incorporates discrete-interval moving seasonalities. Moreover, a clear example of the application of this methodology to situations that are difficult to treat, such as the days of Easter, is presented. The results show that the proposed model performs well, outperforming the regular Holt–Winters model and other methods such as artificial neural networks and Exponential Smoothing State Space Model with Box-Cox Transformation, ARMA Errors, Trend and Seasonal Components (TBATS) methods.

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Red Eléctrica de España S.A.: Instrument of regulation and liberalization of the Spanish electricity market (1944–2004)

Cited by 12 publications

References 3 publications

The Regulation of the Spanish Electricity Sector: A Long Way to Convergence

The Regulation of the Spanish Electricity Sector: A Long Way to Convergence

The Development of Wind Farm Businesses and the Central Control of the Smart Grid in Spain: Making a Virtue of Necessity

Application of Discrete-Interval Moving Seasonalities to Spanish Electricity Demand Forecasting during Easter

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