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BOE-A-2026-5411 ·7 March 2026 ·Resolution Low impact
Tax

Red Eléctrica de España: modification of parameters for the Peninsula-Ceuta submarine link

The CNMC has modified the parameters of the resolution dated 11 February 2021, which grants special status to the 132 kV submarine energy transmission link between Algeciras (Cádiz) and Virgen de África (Ceuta) (third ruling). This modification allows the project to be included in the remuneration regime for singular investments with special technical characteristics. The measure is conditional upon the technical and economic description being integrated into the upcoming 2025-2030 Electricity Planning and the transmission grid development plans for the 2030 horizon (fourth ruling).

In 3 key points

  1. The modification is conditional upon its inclusion in the 2025-2030 Electricity Planning (fourth ruling). (resuelve cuarto)
  2. In force from the day following its publication in the BOE (eighth ruling). (resuelve octavo)
  3. Subject to CNMC reporting and inspection obligations (seventh ruling). (resuelve séptimo)

How it affects those involved

For Red Eléctrica de España, SAU, the resolution validates the modification of the economic and technical parameters of its submarine interconnection project, ensuring its inclusion in the singular investment regime (third ruling). The project must comply with Royal Decree 534/2025 regarding the granting of subsidies from the Recovery, Transformation and Resilience Plan funds. Furthermore, the action is subject to the reporting and inspection obligations set out in CNMC Circular 5/2019 and Informative Circular 4/2021 (seventh ruling).

Lifecycle

2026-03-07PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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