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Publication 07 Jul 2023 · Spain

Energy Regulatory developments under Royal Decree-Law 5/2023

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Royal Decree-Law 5/2023 of 28 June adopting and extending certain measures in response to the economic and social consequences of the war in Ukraine, support for the reconstruction of the island of La Palma and other situations of vulnerability; transposing European Union Directives on structural modifications of commercial companies and reconciliation of family and professional life for parents and carers; and implementing and enforcement of European 
Union law.

On 29 June 2023, Royal Decree-Law 5/2023 of 28 June 2023 was published in the Official State Gazette, adopting and extending certain measures in response to the economic and social consequences of the war in Ukraine, to support the reconstruction of the island of La Palma and other situations of vulnerability; transposing European Union Directives on structural modifications of commercial companies and reconciliation of family and professional life for parents and carers; and on the implementation and enforcement of European Union law  (hereinafter ‘RDL 5/2023’).

The Royal Decree-Law is divided into an extensive introduction (comprising 61 pages) and an operative section, made up of five ‘books’, containing 226 articles, 5 additional provisions, 10 transitional provisions, 1 derogating provision and 9 final provisions.

The Regulation gives rise to a large number of measures and regulatory amendments, as an omnibus law. The purpose of this legal update is to analyse those related to the field of Public Law, with a particular focus on provisions affecting regulated sectors, and more specifically, the energy sector.

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Royal Decree-Law 5/2023

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