After a significant increase in prices that started before the Russian invasion of Ukraine, but skyrocketed through the second semester of 2022, electricity and gas prices are stabilising. The prices of energy rose due to an increase in the price of natural gas, which is considered the marginal fuel. This happened because the imports from […]
The European Commission extends the Spanish and Portuguese measure to reduce electricity prices until the end of the year
The European Commission has approved, under State aid rules, the prolongation and amendments of a Spanish and Portuguese measure aimed at reducing the wholesale electricity prices in the Iberian market (‘MIBEL’) by lowering the input costs of fossil fuel-fired power stations. The amended measure, which will be in place until 31 December 2023, was approved […]