Spain wants extension of ‘Iberian exemption’ on gas prices used in electricity generation

SSpain wants EU extension of 'Iberian' exemption on gas prices used in electricity generationSPAIN wants the European Commission to extend its temporary cap on prices for gas and coal used by electricity generation plans which is due to end on May 31. Known as the Iberian exemption, Spain and Portugal have subsidised power production costs to bring down electricity prices in the wake of Russia’s invasion of Ukraine. […]

Leave a Comment

Your email address will not be published.