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Snam signs deal to study Spain-Italy gas pipeline
Italian gas group Snam has agreed with Spain's Enagas to explore the construction of an offshore pipeline between the two countries, as Europe scrambles to diversify its energy supply mix and wean itself off Russian gas.
read more... 13/05/2022
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Spain, Portugal to approve gas price cap on Tuesday
The governments of Portugal and Spain will decree on Tuesday the introduction of a Brussels-backed temporary cap on reference prices of natural gas and coal used by power plants, Portuguese Prime Minister Antonio Costa said on Monday.
read more... 10/05/2022
Volkswagen boosts electric car investment in Spain to 10 bln euros
German carmaker Volkswagen AG and partners will invest 10 billion euros ($10.6 billion) to make electric vehicles and batteries in Spain, its chief executive said on Thursday, 3 billion euros more than it had previously committed.
read more... 06/05/2022
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Spain has 20bcm of regasification available for the EU
Spain has around 20bcm/year of natural gas in surplus at its six regasification plants that could replace Russian flows, the CEO of TSO Enagas said on Tuesday.
read more... 27/04/2022
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Electricity exchanges urge Spain, Portugal not to act alone on power prices
Power trading platforms are urging the Spanish government not to intervene alone in the system that sets the price of electricity, in its bid to bring down sky-high utility bills, according to a letter seen by Reuters.
read more... 27/04/2022