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Daily: Brent crude above $112 on Spain’s economic reforms
Brent crude oil firmed above $112 on Friday following economic reforms announced in Spain which have temporarily eased investor concerns about Europe’s debt crisis, while the intensification of tensions between Israel and Iran also backed oil prices.
read more... 28/09/2012
Spain approved new national energy reforms
The Spanish Cabinet has approved new national energy reforms with the objective to reduce Spain’s 24 billion euros electricity tariff deficit created after years of selling energy below the cost price.
read more... 18/09/2012
Spain’s Gamesa strikes a $417 million wind turbine deal in Brazil
Spanish wind Energy Company Gamesa entered in an 843 million reals ($417 million) deal with Brazil, thus consolidating its presence on the Brazilian wind market.
read more... 14/09/2012
Spain intends to impose a green tax on natural gas
Spain government announced its intention to introduce a green tax on natural gas to help plug its 24 billion euro financial deficit which built up by years of forcing utilities to sell power under cost. The tax will regard only natural gas while gasoline and other motor fuels will be exempt according to Europa Press.
read more... 16/08/2012
Spain: the world’s largest solar power station has opened
Spain surpasses the US as the world’s biggest solar generator, with its new solar plant La Florida recently opened, whose solar power production is now comparable to the power production of a nuclear power station.
read more... 03/08/2012