Orden ITC/863/2009, de 2 de abril, por la que se regulan las subastas para la adquisición de gas natural que se utilizarán como referencia para la fijación de la tarifa de último recurso. | BOE-A-2009-5844 — Spain law | Esheria

Orden ITC/863/2009, de 2 de abril, por la que se regulan las subastas para la adquisición de gas natural que se utilizarán como referencia para la fijación de la tarifa de último recurso.

This article says the order sets up an auction procedure for gas purchases by last-resort suppliers and uses auction prices as a reference for updating last-resort tariffs.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Spain
Instrument
Order
Citation
BOE-A-2009-5844
Version
Undated source snapshot
Language
es
Updated
Official source
View official record ↗
auction auction administration auction contracts auction participation auction procedure auction products auction reporting auction supervision auction timing auctions buyer obligations buyer rights capacity allocation contract assignment contract conditions contract terms delivery terms effective date energy supply gas auctions gas procurement gas storage allocation gas supply gas supply auctions +14 more

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Statute overview

About this statute

Los contratos de suministro vinculados a una subasta pueden cederse a terceros por cualquiera de las partes, total o parcialmente, si se respetan las condiciones del contrato marco y se comunica antes a las autoridades indicadas. This article sets how gas is auctioned, who sets auction terms and prices, and when auction results must be reported. The entity responsible for the auctions must prepare the auction’s framework contract and operating rules, inform potential sellers, report validated results, and provide needed information to the supervising entity. The National Energy Commission supervises the auction and must prepare and send a report on its development and possible improvements. This article says the order sets up an auction procedure for gas purchases by last-resort suppliers and uses auction prices as a reference for updating last-resort tariffs.