The regulation that assigns to Red Eléctrica the Balearic Islands electricity system operation was approved the past 10th of April 2006.
The islands and off-the-peninsula electricity systems are regulated by the Royal Decree 1747/2003 of 19th December that controls the operations aimed to supply electricity in the mentioned Islands and off-th-peninsula territories.
The functions that Red Eléctrica, as the electricity system operator in the Balearic Islands, must carry out to ensure the technical management of the systems are specified by the mentioned royal decree.
Since 17/2007 Act was published on 4 July, Red Eléctrica is also responsible for developing the transmission grid in the insular and extrapeninsular systems.
In addition to being a guarantee of transparency and neutrality as regards how the power sector functions on the Balearic Islands, Red Eléctrica's presence there makes it possible for other generators and marketers to become installed, thus creating an environment of free competition that will make the Balearic Islands' power system more efficient from an economic standpoint.
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Lastest update: 28-November-2011