Spain to ask EU for extension to Iberian gas price cap until end 2024
13 Articles
13 Articles
Electricity: Spain wants to extend the Iberian mechanism until the end of 2024
Maintaining the maximum reference price of gas for electricity production at around 45 euros per megawatt hour until the end of next year is the proposal that Spain wants to bring to Brussels
The Government will ask Brussels to extend the 'Iberian exception' until the end of 2024
“We would like (the gas ceiling) to remain in the lowest possible environment, 45 or 50 euros MWh, and that it can last at least less until the end of 2024,” says third vice-president Teresa Ribera
Spain to ask EU for extension to Iberian gas price cap until end 2024
Spain will seek European Union permission to extend its temporary cap on reference prices for natural gas and coal used by power plants until at least the end of 2024, Energy Minister Teresa Ribera said on Monday.
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