Latest news
Portugal expects deal to disconnect power prices from gas prices 'very soon'
Portugal expects talks with Spain and Brussels on a temporary mechanism to decouple Iberian electricity prices from soaring natural gas will be concluded in a matter of weeks, Environment Minister Duarte Cordeiro said on Wednesday.
read more... 22/04/2022
Cepsa to invest in energy transition in Spain and Portugal
Spanish oil and gas company Cepsa plans to invest between €7bn ($7.8bn) and €8bn ($8.9bn) in Spain and Portugal by 2030 as part of its energy transition strategy.
read more... 01/04/2022
EU leaders to debate ‘contagion effect’ of gas prices on electricity
At the insistence of Spain and other southern countries, EU leaders will instruct officials to look into the contagion effect of gas prices on electricity markets, according to draft summit conclusions seen by EURACTIV.
read more... 28/03/2022
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Spain seeks EU funding for ‘green gas’ interconnector to rest of Europe
Spanish Prime Minister Pedro Sánchez has called on the European Union to finance gas interconnections with the rest of Europe, saying new infrastructure should also include green gases such as hydrogen. EURACTIV’s partner El Diario reports.
read more... 10/03/2022
Spain, Portugal urge energy coordination as Russia supply fears rise
Spanish and Portugese officials called on Thursday for Europe to cooperate more closely on managing energy supplies after major producer Russia's invasion of Ukraine heightened fears of disruptions.
read more... 25/02/2022