Energy Regulatory Commission (1). Law of the Comision Reguladora de Energia

摘要

The Energy Regulatory Commission. Reforms to the Electric Energy Public Service Law (1992) and the Regulatory Law of Article 27 on Petroleum (1995) have brought about fundamental changes in the electric and natural gas industries. The legal reforms explicitly permit the private sector to construct, operate, and own, systems of electric generation and natural gas transportation, storage and distribution. The participation of the private sector in these areas required a redefinition in the government regulatory institutions. Accordingly the Federal Congress enacted the law of the Comision Reguladora de Energia (CRE) in 1995. The CRE law expands the scope of the CRE's authority and the breadth of its powers beyond those established when it was initially created in 1993. The CRE commenced operations in January 1994 as a decentralized technical and consultative body of the Energy Ministry. The decree that created the Commission limited the scope of its authority to an analysis and consultative role applicable only to the electric industry. (Author). (Atomindex citation 27:063580)