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We advocate for effective competition, objectivity, and transparency in the operation of energy systems, for the benefit of consumers and agents operating in these sectors.

The regulation of the CNMC affects:

Electricity market: We monitor the operation and the level of competition in the electricity market, at the wholesale market level (MIBEL) and retail market, as well as the system operation.

Gas market: We monitor the operation and the level of competition in the gas market, at the wholesale market level (MIBGAS) and retail market, as well as the technical management of the system. 

Oil and biofuels market: We monitor the evolution of fuel prices, access to the logistics network, and, until December 31, 2020, we were the biofuels certification entity.

Tasks of the CNMC

We monitor the functioning and the level of competition in the electricity market (wholesale and retail)
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We monitor the functioning and the level of competition in the gas market and the technical management of the system
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We monitor the evolution of fuel prices and access to the logistics network
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We carry out the settlements of regulated activities: gas and electricity tariffs and electricity production facilities
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We approve the methodologies and operating rules of organized markets, as well as the system operation procedures.
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We monitor supplier changes in the electricity and natural gas sectors
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We resolve conflicts and inspect the obligations of agents operating in energy markets
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We issue development and implementation circulars for energy regulations according to Law 3/2013
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We issue reports and inquiries on multiple aspects related to the energy sector.
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We monitor the integrity and transparency of wholesale electricity and gas markets
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The Iberian Electricity Market (MIBEL) operates in a coordinated manner in terms of regulation, operation, and supervision
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Technical, consumption, and commercial database of each supply point
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We manage grants for electricity distribution companies for investments in network digitalization
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