Spain wants the European Commission to allow it to set prices for nuclear and hydroelectric power as it seeks to decouple the cost of electricity production from gas and to curb windfall profits, energy ministry sources said.
read more... 11/01/2023
Spain will seek European Union permission to extend its temporary cap on reference prices for natural gas and coal used by power plants until at least the end of 2024, Energy Minister Teresa Ribera said on Monday.
read more... 10/01/2023
Spain connected almost 6.2 GW of wind and solar capacity to the grid in 2022, nearly double the 3.7 GW connected in 2021, preliminary data from TSO Red Electrica showed on Monday.
read more... 03/01/2023
The Spanish senate approved a new windfall tax late on Wednesday that will curb sales revenues from energy companies in 2023-24 and aims to collect 1.2% of its turnover from large operators.
read more... 23/12/2022
An underwater pipeline to carry green hydrogen between Spain and France will cost about 2.5 billion euros ($2.6 billion), Spanish Prime Minister Pedro Sanchez said on Friday, adding he hoped the European Union would partly fund the project.
read more... 12/12/2022