Ribera highlights a savings of 25 to 30 euros for the Iberian exception

Teresa Ribera, Third Vice-President of the Government and Minister for Ecological Transition and Demographic Struggle, predicted this Wednesday: Spaniards saved between 25 and 30 euros per megawatt hour (MWh) last week. Iberian exception.

“So yes, even in this exceptional situation, I think it is a good measure even in the worst conditions with the heat wave, maximum demand and minimum wind and photovoltaic generation. we saved a nice top of our pockets“, pointed out at the Congress of Deputies control session to the Government.

As noted, last week’s average electricity price data in the wholesale market in France was 287 euros per MWh; 303 euros in Italy and 155 euros in Spain.

“Even adding the setting, We’re stuck at 249 euros per MWh, probably around 280 euros and knowing that the price of gas has increased from 29 euros per MWh a year ago to 122 euros,” he said.

In his speech, the Minister said, “largely” concerns the prices of energy raw materials and therefore works to accompany all sectors.with measures to reduce costs through tax cuts, social and economic measures.

“We are accompanying all this with structural changes and a very positive impact on the wholesale electricity market, which is distancing itself from the markets of the rest of Europe.”

Source: Informacion

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