Article 3.1.k) of Law 54/1997 of 27 November of the Electrical Sector establishes, among the powers that correspond to the General Administration of the State, to approve by means of a resolution of the Secretary of State of Energy the market rules and operating procedures of an instrumental and technical nature necessary for the economic and technical management of the system.

Article 27 (3) of Royal Decree 2019/1997 of 26 December, which organizes and regulates the electricity production market, provides that the Market Operator and the National Energy Commission may be able to propose to the Ministry of Industry, Energy and Tourism for the approval of the rules of operation of the daily and intraday market of production that they consider appropriate for the best execution of the provisions of Law 54/1997, of 27 November, Of the Electrical Sector, the aforementioned royal decree and other norms of development, who will resolve previous Report of the National Energy Commission.

Under the terms of both Directive 2009 /72/EC of 13 July 2009 on common rules for the internal market in electricity and European Regulation (EC) No 714/2009 on conditions for access to the network for the internal market Cross-border trade in electricity, regional initiatives are being developed as a step towards the establishment of an internal electricity market at European level.

Spain is included, together with Portugal and France, in the South West Regional Electricity Initiative, SWE ERI, and work is being carried out focused on the integration of these markets, with the participation of the regulators, system and market operators and the subjects of the three countries.

In 2009, at the initiative of several European market operators, including the Operator of the Iberian Electricity Market, the project PCR (Price Coupling of Regions) was launched with the aim of harmonizing the various European electricity markets through the use of a common matching algorithm.

The Board of Regulators of the Iberian Electricity Market on 28 November 2011 endorsed its commitment to carry out the precise actions so that the Iberian Electricity Market, or MIBEL, is in a willingness to engage with markets in the North West Europe region (North-West Europe, NWE, which groups the markets of France, Belgium, the Netherlands, Germany, Luxembourg, the UK, Norway, Denmark, Sweden and Finland).

Among these actions were the drivers to delay in two hours the closing of the daily market until 12:00 CET, in sync with the closing time of the markets cited. This also involves adapting the schedule of subsequent markets such as the intra-day market, the adjustment services, and the process of technical restrictions, as well as the programming and nomination processes. Other content and deadlines were also identified for the required regulatory changes as a result in Portugal and Spain, with the initial objective of finalising the process in June 2012, so that implementation in the MIBEL of the Single-appeal algorithm, common to all participating markets, could take place in the second half of 2012, in parallel with its adoption in the NWE region.

Although these deadlines have been dilated, it is maintained by parts of the system operators and market operator of the NWE region, as has been shown in different statements, the objective of proceeding to the market coupling in that area in November 2013.

Likewise, the commitment of the Board of Regulators of the MIBEL to carry out the necessary steps to ensure that the MIBEL is also available to be coupled and, in this context, the General Directorate of Policy Energy and Mines of the Ministry of Industry, Energy and Tourism sent letters to the market operator and the operator of the system in October 2012 by which they were urged to propose the necessary amendments to the Market and System Operation Procedures, respectively, to set the closing time of the daily market at 12h00 CET.

dated October 31, 2012, OMI-POLO SPANISH, S.A. (OMIE), as an operator of the market, referred the requested proposal to the Secretary of State for Energy, as well as an amendment to the proposal dated 5 December 2012.

The aforementioned proposal was sent to the National Energy Commission for the issuance of a report pursuant to Article 27.3 of Royal Decree 2019/1997 of December 26, proceeding to issue the "Report 8/2013". of the CNE on the proposal to modify the rules of operation of the daily market and intra-day of production of electric power to fix the hour of closing of the daily market MIBEL at 12h00 CET ", approved by the Council of that Commission on 18 April 2013.

View Law 54/1997 of 27 November of the Electrical Sector and of Article 27 of Royal Decree 2019/1997 of 26 December on the organisation and regulation of the electricity production market.

Vista the proposal of the Operator of the Iberian Market-Polo Español, S.A. dated October 31, 2012 for the modification of the current Rules of operation of the daily market and intraday of production of electric power, and Report 8/2013 of the National Energy Commission on the said proposal,

In its virtue, this Secretary of State of Energy resolves:

First.

The Rules of Operation of the Daily and Intraday Electrical Energy Production market are hereby approved.

Second.

It is established as the effective date of the entry into force of the new closing time of the daily market as referred to in Rule 51 of the Rules of Procedure of the Daily and Intraday Market, which are hereby approved resolution on 15 October 2013, after the end of the period of evidence set out in the third paragraph of this resolution.

Third.

A period of testing is established for the adjustment to the time-of-day change of the daily market to be initiated on the date of effect of this resolution and ending on the effective date of entry into force of the new market closing time as determined in the second paragraph above.

Fourth.

This resolution shall have effect from the day following that of its publication in the "Official State Gazette".

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