ERSE admits overcompensation to electricity producers



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Cristina Portugal, president of the Energy Services Regulatory Agency (ERSE), announced on Tuesday in Parliament that the regulator is conducting a study whose findings will be presented in due course, proving that there is excessive compensation for some electricity producers, namely wind energy with subsidized tariffs, for example, among others.

Confirming that the study will be published very soon, it is important to note that in the case of the ERSE, Even during the validity of the parliamentary committee to investigate excessive rents to producers of 39, electricity, Cristina Portugal shared with MEPs one of the conclusions: "85% of electricity production in Portugal has some kind of subsidy or incentive." "It is difficult to say that we have already reached a truly liberalized market, there are still adjustments to be made to operate more freely."

"Some producers will be overcompensated, for example, tariffs buy-back guaranteed by wind energy, in which, between the time required to put a wind farm into production and the moment it actually entered service, the technology started. is higher compared to those who went into production more quickly, "said the president of ERSE, and she reiterated that" overcompensation paid by consumers may have to do with technologies. "[19659002] Cristina Portugal revealed that the regulator then undertakes a study to determine the level of electricity generation and profitability costs compared to the top 10 segments by taking into account "market mechanisms and complementary mechanisms". "Before that, it was not possible to carry out this analysis," said the president, pointing out that the study wants to achieve "how we compensate producers", "who is subsidized", between other questions

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