The Energy Regulatory Commission (CRE) fined Iberdrola nine thousand 145 million pesos for improperly selling electricity to third parties in violation of local lawsaccording to a resolution published this Friday.
The CRE argues that Iberdrola “was obliged to generate electricity exclusively to satisfy the self-sufficiency needs of its partners (…) and not to sell, resell or by any legal act dispose of capacity or electricity,” the document indicates.
The generation permit holder Ibedrola Energía Monterrey violated provisions established in the Electric Power Public Service Law (LSPEE) between January 1, 2019 and August 31, 2020, details the resolution of the CRE.
“It is noted that the Permit Holder commercialized the electrical energy generated by the plant by selling it to its partners,” the resolution states.
The electricity service law indicates that private electricity generators can only supply energy to those partners that appear at the time of signing the self-supply contracts, including possible expansion plans at that time.
Surpluses from private generators may be sold to the Federal Electricity Commission (CFE).
The fine against Iberdrola, a company that has been strongly criticized by President Andrés Manuel López Obrador, represents a new episode in the battle waged by the current government to restore state control of power generation.