Electricity Archives - Spain in English

Spain & Portugal’s electricity cost-cutting plan gets EU approval

News Desk29th April 20224th May 2022

29th April 20224th May 20222194

Spain and Portugal have succeeded in reaching an agreement with the European Commission to cut electricity prices across the Iberian Peninsula, under an exemption allowing them to separate

Spain & Portugal ‘energy island’ send proposal to EU to lower electricity costs

News Desk1st April 20225th April 2022

1st April 20225th April 20221119

Spain and Portugal sent Brussels on Thursday their joint proposal for setting a maximum price of €30 per megawatt (MWh) for gas-fired power plants to lower

Spain announces €6 billion support plan in direct aid, tax breaks & fuel subsidies

News Desk28th March 20224th April 2022

28th March 20224th April 20221813

Spanish Prime Minister Pedro Sánchez has announced a package of economic support measures worth €6 billion in direct aid, tax breaks and fuel subsidies, plus a further

Spain & Portugal get OK from EU to temporarily manage own electricity prices

News Desk26th March 202231st March 2022

26th March 202231st March 20222504

EU leaders have given Spain and Portugal special permission to present a plan to temporarily manage their own electricity prices, the European Commission President Ursula von

Spanish government approves new plan to reduce soaring energy bills

Steph Osborn14th September 202120th September 2021

14th September 202120th September 20212331

The Spanish cabinet has approved plans to significantly reduce energy taxes for consumers and set a temporary windfall tax on the gains of energy companies.

VAT on electricity more than halved in response to escalating prices

Steph Osborn25th June 202128th June 2021

25th June 202128th June 20212564

The Spanish government has confirmed a significant reduction in IVA (VAT) on electricity, more than halving the existing rate of 21% to just 10%. The

Login

Register