Ribera hopes gas cap will be operational “in a few days”

Third Vice-President of the Government and Minister of Ecological Transition, Theresa RiveraHe was sure the mechanism was this Tuesday. multiply the price gas and lower your electricity bill consumers are “fully operational” “in a few days, in a few weeks”.

To the questions of the journalists at the door of the Senate General Assembly, Ribera, “The important thing now is to complete the final stage of adoption of the provisions by Spain and Portugal”, After Brussels sent letters of agreement to both countries yesterday.

However, the European Commission, “although it has advanced compliance with the proposed plan, needs to formalize it by a decision of the committee of commissioners, which is what just prompted the implementation of this mechanism”, the third vice-president said.

Exactly this Tuesday, the Ministerial spokesman for the Government, Elizabeth Rodriguezannounced an extraordinary Council of Ministers for Friday, May 13, when the green light will be given to the implementation of the measure.

“We have defined the whole mechanism and fulfilled the different requests made by the European Commission. We expect the decisions of the two governments to coincide. and ratify in parallel to take effect,” said Rodriguez.

Spain and Portugal announced their arrival on April 26.n A “political agreement” with the European Commission to limit the wholesale markete The electricity of the two countries, the price of the gas used by the combined cycle power plants to produce light.

The measure will benefit up to 40% of domestic consumers with a regulated rate and 80% of industrial consumers whose bills are tied to the wholesale electricity market or ‘pool’.

top application a It will start with a period of twelve months and an average gas price of 40 euro/megawatt hour (MWh). fixed at around 50 Euro/MWh over the period.

According to the calculations, the mechanism will also allow the bill to be reduced by about 30% for an average consumer whose rate is indexed to the ‘pool’, depending on the type of electricity generation it has.

Source: Informacion


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