REE Will Compete with Iberdrola and Endesa in Power Stations
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The Council of Ministers has commissioned Red Eléctrica (REE, subsidiary of Redeia) the project of the hydroelectric pumping plant in Güímar (Tenerife), which will begin to operate...
The Council of Ministers approved this Tuesday to commission Red Eléctrica (REE), as an operator, the project for the construction of the hydroelectric pumping plant in Güímar with an investment of approximately 1 billion. The Minister of Territorial Policy and Democratic Memory, Ángel Víctor Torres, commented in a statement circulated by his department that it is a "one more step" in the process and that "there is no turning back".
The Council of Ministers has entrusted to Red Eléctrica de España the project of the hydroelectric pumping plant in Güímar, in Tenerife, which will begin to operate "in the middle of the next decade" and will promote the decarbonization of the energy axis that make up this island and La Gomera. At a press conference, the Secretary of State for Energy, Joan Groizard, has emphasized that, with this agreement, the Government of Spain says "advance …
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