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Developments in the energy sector in the light of Royal Decree-law 5/2023 and update of the “PNIEC”"
On 29 June 2023, published in the Official State Gazette, Royal Decree-Law 5/2023 of 28 June, adopting and extending certain measures in response to the economic and social consequences of the war in Ukraine, support for the reconstruction of the island of La Palma and other situations of vulnerability; transposing European Union Directives on structural modifications of commercial companies and reconciliation of family and professional life for parents and carers; and on the implementation and enforcement of European Union law ("RD-L 5/2023").
The extensive RDL 5/2023 is structured between an expository part and an operative part made up of 226 articles and a number of provisions - additional, transitory, derogatory and final - resulting in turn in the transposition of European Union directives, the adoption of multiple measures and regulatory modifications in various areas, thus affecting multiple sectors.
In this Alert we will detail the most relevant provisions concerning the energy sector contained in RDL 5/2023, and we also include a brief mention of the main modifications introduced in the Draft Integrated National Energy and Climate Plan for the period between 2023 and 2030 ("PNIEC"), which is currently under public consultation.