CNMC sets financial profitability rate for natural gas 2027-2032
18 Sep 2026Effective: 01 Jan 2027120 views
Who is affected:
Natural gas regasification, transport and distribution companies and consumers
Summary
The CNMC establishes the financial remuneration rate for regasification, transport and distribution of natural gas during the 2027-2032 period. This determines how much gas companies can earn from their regulated infrastructure.
Detailed analysis
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CNMC Circular 5/2026 sets the financial remuneration rate for regulated activities in the gas sector (regasification, transport, technical management and distribution) for the 2027-2032 regulatory period. The updated methodology from Circular 9/2025 is applied, which introduced changes in debt cost calculation by combi…
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Circular 5/2026, de 8 de septiembre, de la Comisión Nacional de los Mercados y la Competencia, por la que se establece la tasa de retribución financiera aplicable a las actividades de regasificación, transporte, y gestión técnica del sistema y a las actividades vinculadas a la distribución de gas natural, en el periodo regulatorio 2027-2032.
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