Spain
| Paseo de la Castellana 107 1A 28046 Madrid |
Telephone: +34 90 210 1038 Facsimile: +34 91 770 2127 contact@nusconsulting.es |
General Manager
 | Miguel Jiménez Fernández is the Operations Manager of NUS Consulting’s office in Spain. Miguel earned a degree in Telecommunications Engineering at Universidad Politécnica de Madrid. After several years of working in the telecommunications sector, he joined NUS Consulting as a consultant in 2002. Miguel transferred to NUS Consulting’s London office in 2003, where he had the opportunity to develop his career and acquire experience in the UK energy markets. In 2005, Miguel returned to Spain to open NUS Consulting Group’s Madrid office. |
Overview
NUS Consulting commenced its Spanish operations in 1993. Our original office was located in Barcelona. However, as the Spanish market deregulated and our client base in Spain grew, we moved our offices to Madrid. Today, our Madrid office employs over 15 professionals who provided energy cost management services to clients located throughout Spain and Portugal.
The Spanish energy markets began the process of deregulation in 1997. Today, the markets are both open and competitive providing consumers with real choice. Although, the majority of energy generation (in excess of 50 percent) continues to rest in the hands of a few companies, clients have the possibility to buy energy from numerous suppliers, retailers and traders present in the market. In addition to choice with regard to supplier there are also a wide variety of contracts and pricing structures available to consumers – e.g., fix price, bionomic single fixed price, all-inclusive bionomic price with time-discrimination, price index to the spot market, price index to the OMIP, CESUR or other futures markets and various combinations thereof. The term and conditions of these agreements varies amongst suppliers and pricing structures. However, consumers are responsible for choosing the appropriate pricing structure, terms and conditions and delivery parameters in relations to their cost and risk tolerance/strategies.
The Spanish market is unique in many ways. The most prominent is that despite being part of the European continent, from an energy perspective, it is very much an island due to the fact that there is little interconnectivity between Spain and France. Since Spain generates more than 50 percent of its electricity from coal, oil and gas the pricing on these underlying commodities has a significant impact on price and price volatility.
The Madrid office offers a full range of energy consulting services – procurement, audit, analysis, on-line data management, invoice validation and processing, research and consulting. Our local consulting staff possesses an intricate knowledge of Spanish and Portuguese energy markets and is focused on assisting clients in maximizing the available opportunities to reduce their overall energy costs. Our consulting staff draws on its own local experience as well as the experience of our other offices in providing our clients superior support, information and solutions to their energy management and cost reduction requirements.