Spain: CNMC loses Energy Director

Fernando Hernández Jiménez-Casquet, Energy Director at Spain’s CNMC and head of the offensive launched by the regulator against bad business practices prevalent at power companies and the battle with the Government to get control of the electric sector, announced he will be leaving the Commission in October, taking up a new position as Chief Economic and Commercial Advisor in Tokyo.

However, the Energy Director of the CNMC is also in the race to head the Agency for the Cooperation of Energy Regulators (ACER), the body that unifies all European supervisors, and whose new chief should be appointed in June. .

Hernández Jiménez-Casquet has led over the last few years the battle undertaken by the CNMC to recover its powers over the energy sector. Next year the CNMC will control a substantial part of the charges included in citizens’ electricity bill.
Full Content: El Independiente

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