Representation service before entities
We offer the service of market representation before the different regulatory bodies (REE, OMIE, CNMC), for electricity production facilities using renewable energies such as photovoltaic, mini-hydro, and also cogeneration, biomass, biogas, among others.
With this solution, you will be able to obtain:
- Monthly plant production reports.
- Access to the private area to view all your invoices, contracts and production reports.
- We assume 100% of the deviations in photovoltaic plants.
- Management of readings, settlements and information relating to the installation by the bodies involved: REE, CNMC, OMIE.
Feníe Energía charges a small fee for each MWh generated by the installation.
No minimum contract term. You are free to terminate this service at any time.
You will actively participate in the energy market and you will know all the information about the installation from the control centre or telemetry.
You will be able to obtain the Sigue+e service to enjoy greater control over your installation from any device.
You will have the unconditional support of an Agent. At Feníe Energía we have the largest network of Energy Agents, ready to simplify and attend to any need you may have.
Do you want to know more about Feníe Energía?
When does a producer get paid?
In the Indirect Representation mode:
The amount of the invoice shall be paid within 7 working days from the date on which the CNMC settles the specific remuneration to the Feníe Energía. Approximately this occurs in the last days of the second month from the production month (M+2). For example, if the production month is January, payment would be made approximately at the end of March.
In the Direct Representation modality:
The amount corresponding to the Specific Remuneration will be paid directly by the CNMC on the same dates as in the previous section. The amount corresponding to the Market Remuneration shall be paid 3 working days after the date of issue of the invoice, in month M+1.
When I change my representative, will I miss out on a month's payment?
No. The market representation of an installation always starts on the first day of the month in which the request for change of representation is approved by REE, OMIE and the CNMC. The previous periods will always be invoiced by the previous representative, so you will not be unpaid in any month.
For which concepts does a producer charge?
Title IV of Royal Decree 413/2014 establishes a specific remuneration system for electricity production facilities using renewable energies, cogeneration and waste. This remuneration scheme is composed of:
A remuneration term per nominal power of the installation called "remuneration for investment" Rinv (€/MW).
A remuneration term for energy sold called "operating remuneration" Ro (€/MWh)
In addition to the specific remuneration regime, installations would receive a "market remuneration", which is made up of the hourly sale of production in the market (pool).
