Spain to Cap Household Gas Price Rise at 15% as Energy Costs Climb Ahead of Winter
15 Articles
15 Articles
The Spanish government plans to cap natural gas price increases at 15 percent to protect consumers from skyrocketing energy prices caused by the war in the Middle East, Minister of Ecological Transformation Sara Aagesen said on Tuesday.
"Today the Council of Ministers is going to approve a package of measures" that will include decisions that have already been taken in connection with the crisis in Ukraine, announced this Tuesday the Minister of Ecological Transition, Sara Aagesen. Upon his arrival in Dublin for a meeting of the European Energy Ministers, Aagesen announced that he will "limit the growth" of the regulated tariff for gas consumers, now that "we enter in the autum…
Spain to cap gas price hikes as winter looms
The Spanish government plans to limit natural gas price increases to 15 percent to shield consumers from spiralling energy prices due to the Mideast war, Ecological Transition Minister Sara Aagesen said Tuesday.
The Spanish government plans to cap the increase in the regulated price of natural gas at 15 percent from October in a bid to protect consumers, Spanish Minister for the Environmental Transition Sara Aagesen said today. The measure, which is set to apply for the upcoming heating season, is expected to cover around 3.1 million, or 40 percent, of all gas consumers.
Spain to cap household gas price rise at 15% as energy costs climb ahead of winter
Spain’s government is preparing a third package of measures in response to the economic effects of the war in the Middle East, with a cap on the next increase in regulated household gas prices and a limit on the cost of butane cylinders. The cabinet reviewed the package on Tuesday,...
On Tuesday, 29 September, the Council of Ministers will approve the new anti-crisis shield following the escalation of the war in the Middle East, with a view to mitigating price escalation and the loss of purchasing power in the face of autumn and winter.
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