O texto apresentado é obtido de forma automática, não levando em conta elementos gráficos e podendo conter erros. Se encontrar algum erro, por favor informe os serviços através da página de contactos.
Não foi possivel carregar a página pretendida. Reportar Erro

APPENDIX 1: DETAILS OF REGULATORY DECISIONS ON ALLOWED RETURNS FOR ENERGY NETWORKS IN PORTUGAL Tables A2.1 and A2.2 below show the allowed rates of return for EDP and REN's network business. The figures have been provided by the Ministry of Economy and Employment and show pre-tax nominal W AC С allowances. We have then converted the WACC allowances into real terms based on outturn inflation according to OECD.
Comparing the resuldng figures to our (real, pre-tax) medium term base case estimates for the four disdnct periods: • For 2002-05, due to concurrent movements in several parameters, our estimates fall significantly. The allowances actually rise slightly, and are as a result significantly higher.
• Over the period 2006-08, the allowances (pardcularly for REN) fall dramatically and are again generally lower than our esdmates.
II SÉRIE-B — NÚMERO 226
___________________________________________________________________________________________________________________
198


Consultar Diário Original