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Spain to seek $1.5B loan from EU recovery fund for EV plan

Spain will ask for a first loan worth 1.3 billion euros ($1.5 billion) from the European Union's Recovery and Resilience Facility to finance a plan to build electric cars, according to the draft 2022 budget submitted to the country's parliament.

read more... 15/10/2021

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Spanish energy tax threatens EU’s green hydrogen plans, industry warns

As energy prices soar across Europe, the chairman of electricity giant Iberdrola warned of short-sighted measures in Spain that are threatening the expansion of renewable electricity needed for the production of green hydrogen.

read more... 07/10/2021

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France, Spain urge pan-European response to energy price surge

France and Spain on Monday (4 October) called for a coordinated European response to the surge in global energy prices to protect Europe’s poorest citizens, the competitiveness of its businesses and its 2050 plan to cut greenhouse emissions.

read more... 06/10/2021

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Spain taxes renewables, nuclear power plants to help consumers cope with high electricity prices

Spain has introduced a charge on the production of renewable energy power plants to mitigate the impact of soaring electricity and gas prices on consumers. A similar levy for nuclear and hydropower plants is in the pipeline.

read more... 29/09/2021

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Spain wants EU ‘menu’ of measures to combat power price surges

Spain urged the European Commission on Monday (20 September) to devise guidance to help member states react consistently to power price spikes without testing the rules of the bloc, and suggested moves to limit carbon market speculators and build up gas reserves.

read more... 22/09/2021

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