Postponement of the Third Auction for the Award of the Renewable Energy Economic Regime
The Draft Resolution of the Secretary of State for Energy, calling for the third auction for the award of the renewable energy economic regime pursuant to the provisions of Order TED/1161/2020, of 4 December, set out an auction calendar under which the auction was...
CNMC Resolution Responding to Inquiries Regarding Royal Decree-Law 23/2021, on Urgent Energy Measures for Consumer Protection and the Introduction of Transparency in Wholesale and Retail Electricity and Natural Gas Markets
The CNMC (National Commission on Markets and Competition) published on 17 February 2022 the following interpretative criteria regarding the consumer protection measures established in Royal Decree-Law 23/2021, on urgent energy measures for consumer protection and the...
The CNMC Approves a New Operating Procedure Introducing an Automatic Power Reduction System
On 25 January 2022, the Official State Gazette (BOE) published the Resolution of 13 January 2022 of the National Commission on Markets and Competition (CNMC), approving the electricity system operating procedure “P.O. 3.11 Automatic Power Reduction System for...
The Supreme Court Declares Partial Nullity
In November 2017, the Supreme Court once again ruled on a multi-currency mortgage entered into by borrowers with Barclays Bank, S.A. (now Caixabank, S.A.). Key aspects of the agreement entered into by the borrowers with the bank include:(i) the bank did not provide...
Mortgage Loan Agreements
The first rulings from courts specifically designated to adjudicate disputes between individuals and banking institutions concerning general terms included in mortgage loan agreements have now been issued. The Agreement of 25 May 2017 of the Permanent Commission of...
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