Spain to ask EU for extension to Iberian gas price cap until end 2024

Spain wants electricity price cap extended to end 2024

Spain's government said Monday that it would ask the EU to extend a cap on electricity prices until the end of 2024, while awaiting an overhaul of the bloc's power market rules.

Spain to ask EU to extend 'Iberian mechanism' gas price cap until end of 2024

Special cap on price of gas is set to expire this May - Anadolu Agency

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.

Spain will ask Brussels to extend the 'Iberian exception' at least until the end of 2024

Vice President Teresa Ribera says that the second half of winter is being faced in “very good conditions” due to high gas reserves.

Spain will ask Brussels to extend the “Iberian exception” at least until the end of 2024

The intention is for it to be with a ceiling similar to the current one, of between 45 and 50 euros per megawatt hour