Glossary of Terms. NEC: What is and what their missions?
| Date: November 30, 2008 | Source: Economic @ 21 |
| Category: ECONO-CONCEPTS | |
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The National Energy Commission of Spain is the regulator of energy systems, created by Law 34/1998 of 7 October, the oil and gas industry, and developed by Royal Decree 1339/1999 of 31 July, which adopted its Regulation.
Its objectives are to ensure effective competition in energy systems and the objectivity and transparency of its operation, the benefit of all agents operating in such systems and consumers. For these purposes means the electricity market energy systems and Markets hydrocarbon liquid and gaseous fuels ( natural gas , oil ...).
The National Energy Commission is governed by a Board of Directors, composed of the President, Vice President, six Directors and Secretary to speak but not vote. The President, Vice President and the Directors are appointed by the Government of Spain by Royal Decree upon the proposal of Minister of Industry, for a term of 6 years, which could not be removed and may not be appointed for more than 2 terms (max 12).
December 6th, 2008 at 9:17
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