State entry into REN gives influence but does not directly lower tariffs, says former president ERSE
As for a possible impact of the State's entry into electricity or gas tariffs, Vítor Santos does not establish a direct relationship between the operation and a..
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Summary
With regard to a possible impact of State entry on electricity or gas tariffs, Vítor Santos does not establish a direct relationship between the operation and a decrease in prices. “I do not see a direct relationship between the acquisition of REN 13.7% by the State and a reduction in tariffs,” he said. With this participation, you can appoint an administrator (non-executive) for a total of 15. According to Vítor Santos, the Portuguese energy sector has changed significantly since the privatization of REN in 2014, mainly due to the return of energy security to the centre of European policy and the increasing importance of networks to integrate renewable energy, storage, interconnections, electric vehicles and large new consumers.
Furthermore, The Chinese State Grid, with 25% of REN's capital, remains the largest shareholder, which is the maximum voting rights a shareholder can exercise. The revenues from REN’s regulated activities, recognised investments and asset remuneration are defined by regulatory mechanisms of ERSE and not by shareholders, he recalled.
Cross-referenced from 4 sources.
Factual coreconfirmed by several independent voices
With regard to a possible impact of State entry on electricity or gas tariffs, Vítor Santos does not establish a direct relationship between the operation and a decrease in prices. “I do not see a direct relationship between the acquisition of REN 13.7% by the State and a reduction in tariffs,” he said.
reliability low1/2 sourcesWith this participation, you can appoint an administrator (non-executive) for a total of 15.
reliability low1/2 sourcesAccording to Vítor Santos, the Portuguese energy sector has changed significantly since the privatization of REN in 2014, mainly due to the return of energy security to the centre of European policy and the increasing importance of networks to integrate renewable energy, storage, interconnections, electric vehicles and large new consumers.
reliability low1/2 sourcesThe Chinese State Grid, with 25% of REN's capital, remains the largest shareholder, which is the maximum voting rights a shareholder can exercise.
reliability low1/2 sources
Reported detailssecondary facts, each attributed to its source
The revenues from REN’s regulated activities, recognised investments and asset remuneration are defined by regulatory mechanisms of ERSE and not by shareholders, he recalled.
according to Notícias ao Minuto — Economia
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As for a possible impact of the State's entry into electricity or gas tariffs, Vítor Santos does not establish a direct relationship between..
omitted byPublic / Agenciescovered byCenterWith this participation, you can appoint an administrator (non-executive) for a total of 15.
omitted byPublic / Agenciescovered byCenterThe company manages granted infrastructure, being subject to certification as a network operator and has its investment plans..
omitted byPublic / Agenciescovered byCenterAccording to Vítor Santos, the Portuguese energy sector has changed significantly since the privatization of REN, in 2014, mainly due to the return..
omitted byPublic / Agenciescovered byCenterThe Chinese State Grid, with 25% of REN's capital, remains the largest shareholder, a percentage that is the upper limit of voting rights than a..
omitted byPublic / Agenciescovered byCenter
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Public / State1
