Key data
| Regulation | Resolution of 18 September 2026, from the CNMC, establishing provisionally the remuneration parameters of the system technical manager for the period 2027-2029 and the amount of remuneration and fee for the gas year 2027 |
|---|---|
| Publication | 22 September 2026 |
| Entry into force | 1 October 2026 |
| Affected parties | Gas system technical manager and subjects obligated to pay the financing fee |
| Category | Energy |
| Regulatory period | 2027-2029 (third regulatory period) |
| Gas year covered | Gas year 2027 (October 2026 – September 2027) |
| Remuneration base 2027-2029 | 26,732 thousand euros |
| Remuneration gas year 2027 | 26,301 thousand euros |
| Regulatory account for new obligations | 5,000 thousand euros |
| Incentive limit | ±2% |
Gas system subjects that finance technical operations through fees must already incorporate the new amount set by the National Commission for Markets and Competition (CNMC) into their budgets. The Resolution of 18 September 2026 provisionally establishes the remuneration parameters of the system technical manager for the third regulatory period 2027-2029, entering into force on 1 October 2026.
The figure is not final: the parameters will be reviewed when the regulatory cost accounting for 2026 is available, and the differences resulting from that review will be incorporated in the resolution for gas year 2029.
What does this regulation establish?
The CNMC approves, provisionally, the parameters that determine how much the gas system technical manager charges for performing its function of coordination and operational supervision of the gas network. This includes the remuneration base, the regulatory account for new obligations, and incentive limits.
Gas year 2027 spans from October 2026 to September 2027, so the resolution has immediate economic effects from 1 October 2026. The remuneration for that year—26,301 thousand euros—is obtained by weighting the parameters of the previous regulatory period and those of the new period 2027-2029.
| Parameter | Value set | Nature |
|---|---|---|
| Remuneration base period 2027-2029 | 26,732 thousand euros | Provisional |
| Remuneration gas year 2027 | 26,301 thousand euros | Provisional |
| Regulatory account for new obligations | 5,000 thousand euros | Maintained from previous period |
| Incentive limit | ±2% | Maintained from previous period |
| Planned review | When regulatory cost accounting for 2026 is available | — |
| Incorporation of differences | Resolution for gas year 2029 | — |
The increase in the remuneration base compared to the previous period is justified by the new obligations assigned to the operator. The resolution does not detail what these obligations are, but their impact is reflected in the figure of 26,732 thousand euros compared to the previous base.
Economic and operational impact
For gas system subjects, the direct impact is the payment of the financing fee that covers the 26,301 thousand euros for gas year 2027. This fee is distributed among obligated subjects according to applicable regulatory criteria.
Two key aspects condition the financial planning of affected parties:
- Provisional nature of parameters: the figures approved now may change when the CNMC has the regulatory cost accounting for 2026. Differences are not settled immediately, but are transferred to the resolution for gas year 2029, which introduces a risk of future adjustment.
- Increase in the base: the remuneration base for 2027-2029 (26,732 thousand euros) is higher than the previous period, which translates into a higher fee burden for financing subjects, although the exact amount of the increase compared to the previous period is not broken down in the resolution.
The regulatory account for new obligations is maintained at 5,000 thousand euros and incentive limits remain at ±2%, which provides stability in these two parameters.
Who does it affect?
- Gas system technical manager: is the operator directly remunerated. Its regulated income is fixed at the amounts approved by the CNMC.
- Subjects obligated to pay the financing fee: gas sector companies (retailers, distributors, transporters and other market agents) that finance the technical manager's remuneration through mandatory fees.
- CFOs and financial directors of energy sector companies: must incorporate the impact of the fee in their budgets from October 2026 and anticipate possible adjustment in 2029.
- Advisors and regulatory consultants in the gas sector: need to know the provisional parameters to correctly advise their clients on regulatory costs.
Practical example
Suppose a gas retailer that, according to regulatory distribution criteria, bears 5% of the financing fee of the system technical manager.
- Total remuneration gas year 2027: 26,301 thousand euros
- Estimated fee for that retailer: 26,301 × 5% = 1,315 thousand euros (€1.315 million)
- If parameters are revised upward when 2026 accounting is available, the difference will be settled in the resolution for gas year 2029, which may result in an unbudgeted additional charge.
This example illustrates why it is critical that obligated subjects provision for possible future adjustment and do not treat the provisional figure as final.
What should companies do now?
- Review the budget impact from October 2026: the resolution enters into force on 1 October 2026, so the fee for gas year 2027 must be reflected in immediate financial planning.
- Provision for adjustment risk in 2029: the parameters are provisional. When the CNMC has the regulatory cost accounting for 2026, there may be differences that will be settled in the resolution for gas year 2029. Reserving a margin for that scenario is prudent.
- Verify the category of obligated subject: confirm whether the company is included among the gas system subjects obligated to pay the financing fee and in what proportion.
- Monitor the final resolution: when the CNMC publishes the final parameters (after having 2026 accounting), compare with the provisional ones and adjust forecasts for 2029.
- Consult a specialized regulatory advisor: given the technical nature of the fee distribution criteria, it is advisable to validate the calculation of the specific impact for each company with an expert in energy regulation.
Frequently asked questions
What is the remuneration of the gas system technical manager for gas year 2027?
The CNMC has provisionally set the remuneration at 26,301 thousand euros for gas year 2027, which covers the period from October 2026 to September 2027. This figure results from weighting the parameters of the previous regulatory period and those of the new period 2027-2029, whose remuneration base is set at 26,732 thousand euros.
Why does the remuneration of the gas system technical manager increase in the 2027-2029 period?
The remuneration base for the third regulatory period 2027-2029 is set at 26,732 thousand euros, increased compared to the previous period due to new obligations assigned to the operator. The resolution does not detail the exact amount of the increase or the specific obligations, but the increase is reflected in that base figure.
Are the remuneration parameters approved by the CNMC for 2027-2029 final?
No. The parameters are provisional. The CNMC will review them when the regulatory cost accounting for 2026 is available. The differences resulting from that review are not settled immediately: they will be incorporated in the resolution for gas year 2029.
Who pays the financing fee of the gas system technical manager?
The gas system subjects obligated to pay the financing fee. This includes market agents in the gas market (retailers, distributors, transporters and other operators) according to the distribution criteria established in the regulation. The fee covers the total remuneration set by the CNMC, which for gas year 2027 amounts to 26,301 thousand euros.
When does the CNMC resolution on the gas technical manager enter into force?
The resolution enters into force on 1 October 2026, coinciding with the start of gas year 2027. It was published in the BOE on 22 September 2026.
Official source
Consult complete regulation in official source
Disclaimer: This article is for informational purposes only and does not constitute legal advice. For specific decisions, consult a qualified professional. Source: https://www.boe.es/diario_boe/txt.php?id=BOE-A-2026-19691