Spain Regulator to Get More Powers to Oversee Electricity System

Electricity transmission towers in Castellon, Spain.

Photographer: Angel Garcia/Bloomberg

Spain’s government will give the country’s competition authority more powers to supervise private operators’ management of electricity voltage following the nationwide blackout in April.

Regulator CNMC will issue a report on compliance with the “control obligations” after unprecedented peaks in voltage led to the blackout, the government said on Tuesday following a cabinet meeting. The report will be reviewed every three months.