Congress approves cap on gas, with PP and Vox abstaining

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A day after the European Commission formally approved the Iberian proposal to limit the price of gas used to generate energy between 40 Euros and 70 Euros per megawatt-hour (MWh) According to Europa Press, in the next twelve months the Congress of Deputies passed the royal decree law that shaped this mechanism, with the People’s Party and Vox abstaining. With this measure, which will become operational in the tender on June 14, it will begin to be noticed in electricity prices in the coming days. wholesale market next day, 15 June, the government anticipates It will lower the bill of domestic consumers 15% and industrial 20%.

There have been several parties (Unidas Podemos, PNV, Bildu or PDeCat). congratulated Teresa Ribera, Head of Government and Minister of Ecological Transition, for having managed to be recognized by Brussels as an ‘Iberian exception’, People’s Party branded the measure”fault” and Vox labeled it a “government scam” with the same argument, with the delay in approval from the announcement and changes to the effect it would have. “The discount would be 40%, then 30%, and today he already said 20%,” he said. William Marshal (PP) criticized that the limit would affect “some consumers yes, some no”. There are many ideal tourists here. “We will provide subsidies of 1400 million euros to France and Portugal,” he said.

citizens decided to support it because it supports the text Brussels“for another reason”, his assistant clarified, Maria del Carmen Martinez Granados; duration Together for Catalonia abstained because “prestigious experts” “interpreted” that the mechanism was “opaque and dense”, justifying it Bald Column. from Bildu, oskar matuasked the government. information campaign to clarify how does it work and how does it affect offered to consumers, Mireia VehiHe criticized the fact that the gas production facilities were not compensated by the CUP with the overpayment obtained in these months.

For his part, PNV attorney, Idoia Sagastizabal, hailed the measure (supported by his party) although it was temporary and the royal decree included reform of the PVPC rate and promoted more liquidity in the futures market. “Since the offer was announced, future prices While stabilizing in Spain, it continues to rise in Europe. In the first half of 2023, the price is 150 Euro MWh in Spain and 350 MWh in France. despite generalized emotion this is a half victory because as the general secretary of Unión do Povo Galego put it, the 15% discount is “very important right now”, Nestor Rego Candamil; but “inadequate”.

“We will see the results, the real impact. The estimate of 15% to 20% (reduction in the bill) sounds too little to all of us. But beyond the fact that we all want so much more, it’s hard to understand that someone doesn’t support it,” said the PDeCat attorney, Fernando Bel, supporting education measure. It will have net effects by lowering the price of the wholesale and futures market,” he said. Joan Capdevila and Esteve, from the ERC, which also approves the text. “And with the fallen, it is necessary,” he assured.

The Catalan MP gave his speech: “He is fed up with energy and energy conversion can be a social lever he will score today despite his diet capacity This doesn’t seem to prove that opinion is shared”, but he also asked the third vice president and minister of Ecological Transition to “not put any more patches” (with interim measures) and change the fundamentals. energy model. “As at other times, we are in danger of letting the urgent get ahead of the important,” he warned.

Representative of United We Can, Juan Lopez de Uraldeshared the need to “go further” with a reform. electricity market which for the first time European Commission [su presidenta, Ursula Von der Leyen, dijo este martes que el sistema actual “ya no funciona” y que “hay que reformarlo”, según parafraseó López de Uralde y ha celebrado la vicepresidenta Ribera en su intervención]. And he insisted on his party’s request to create a “historical” party. public energy company. “We have been told many times that this is impossible, but we believe it is necessary.”

During the discussion, almost all the speakers referred to Algeria’s announcement to freeze all foreign trade with Spain. coup you can have on gas flow who comes from this country Medgas pipeline. “Have you ever wondered what impact the Algerian government’s decision to suspend the good neighborly agreement will have on gas prices? have you been asked I think no”, made the Citizens deputy Ribera ugly, Maria del Carmen Martinez Granados.

The deputy warned, “Be prepared for the prices coming as a result of the latest news from Algeria.” Borras of MireiaFrom Vox, his People’s Party colleague said, William MarshalHe assured that Head of Government Pedro Sánchez “every time he intervened and talked about the Sahara, we were all in trouble”. “Yesterday, our country risked 30% of its gas, another mistake that put our country’s gas supply at risk,” he said.

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