CNEE definition

CNEE means the Comisión Nacional de Energía Eléctrica, a Guatemala Governmental Authority.
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CNEE means the National Electric Energy Commission of Guatemala (Comisión Nacional de Energía Eléctrica), which was established pursuant to the General Electricity Law of 1996, Decree 93-96, or General Electricity Law (Ley General de Electricidad) and acts as a technical arm of the MEM and which determines the transmission and distribution tariffs and is responsible for ensuring compliance with Guatemalan electricity laws;
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Examples of CNEE in a sentence

  • The Project or Issuer (as applicable) shall cease to be registered or authorized as a generator/power producer (generador de energía electrica) at MEM, as a wholesale electricity ▇▇▇▇▇▇ ▇▇▇▇▇ (▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇), at AMM, or authorized for transport capacity access by the CNEE, or shall fail to comply with Laws, rules and regulations for compliance with such status other than an immaterial non-compliance that does not have a Material Adverse Effect.

  • On June 28th, 2019, the National Commission of Energy (CNEE) in Guatemala, published the Resolutions that establish the new energy distribution rates (VAD tariff) applicable until July 2024.

  • The principal impact of the new VAD tariff as compared to the prior VAD tariff during the last billing year (billing simulation) is estimated as follows:  Reduction equivalent to an 8% decrese of VAD margin revenues over the 2020-2024 period, assuming that only 70% of the investments plans – or an incremental ~US$10 million – are recognized by the CNEE on a yearly basis, starting July 2020.

Related to CNEE

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