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energy sector

ElectricityTC

Ibex, Markets 3rd February 2020

Spanish Big Power Companies Invested Over €1.15 Bn In Spain Between 2016 and 2018

The five main integrated utilities operating in the Spanish electricity sector (EDP, Endesa, Iberdrola, Naturgy and Viesgo) invested over 11 billion euros in their activities in this market between 2016 and 2018, according to a report prepared by Deloitte. Of this total investment figure, €1.15 Bn corresponded to R&D&I in those three years, of which almost a third was allocated to electricity in Spain over the period.

electricity prices

Spanish economy 6th February 2019

Spanish Utilities’ Regulator Wants To Control Debt And Dividends

The National Markets and Competition Commission (CNMC in its acronym in Spanish) is processing a circular so that all energy companies which supply electricity, gas and hydrocarbons meet six ratios which constrain their level of debt and dividends in relations to the volume of assets, cash flow, EBITDA or financial costs.

Spain's electricity companies should invest Between €29-34 billion in power lines

Spanish economy 27th February 2018

A Report From Deloitte Gives Spain’s Electricity Companies A Weapon To Use Against The Government

A report from Deloitte urges Spain’s Energy Minister Álvaro Nadal to change the current model for asset remuneration and go for one similar to that in use in other European countries. The proposal implies an improved remuneration system for companies and, at the same time, forecasts reductions in electricity bills thanks to bigger demand in a more electrified economy.

Spanish households energy bill

Spanish economy 30th January 2017

The Crazy Rise In Spanish Households’ Electricity Bill

On January 25, the rise in the wholesale price of electricity in Spain exceeded 100 euros per megawatt-hour, its record level. For many years, how electricity prices in Spain have been established has been a total nonsense, since the electricity pool functions like a marginal market. A division of the Supreme Court has decided to start proceedings to find out what the reasons are for the successive increases in electricity bills.