electricity market

In Spain 9th September 2025

Over 1000 companies compete for Endesa, Iberdrola, Naturgy and EDP’s low-voltage network

Banc Sabadell | This Tuesday, the major electricity companies —Endesa, Iberdrola, Naturgy and EDP— must publish their low-voltage network distribution map, revealing the availability for new consumer connections, which should be completely saturated. This situation would affect more than a thousand companies with pending projects, especially data centres and large industries, which could be forced to relocate if they cannot obtain a connection. Assessment: With the distribution map ‘full’, or…

In Spain 5th October 2023

Electricity demand in Spain falls by 4.3%, 10% for large companies, in 2023

ASE Group : In September, the daily price of electricity on the Spanish wholesale market (POOL) closed at 103.34 €/MWh. This is 7.6% more expensive than in August, but 57.6% below its level a year ago. The reduction of wind and photovoltaic has meant a greater presence of combined cycle gas (CCG) in the generation mix, causing the price to rise. ASE Group analysts point out that this rise has…

Spanish economy 10th July 2023

EU electricity market reform now agreed in the European Parliament

Santander | According to Euractiv, political groups in the European Parliament have reached an agreement on the “general conditions of the EU electricity market reform… paving the way for a swift adoption of the proposal in the EU assembly before holding decisive talks with EU member states to finalise the law”. The electricity market reform, proposed by the European Commission in March, aims to avoid a repeat of the energy…

In Spain, Relevant News Item, Spanish economy 5th June 2023

Spanish electricity demand plummets by 8.7% in May

ASE Group| With an extraordinary drop of 8.7%, the daily average of Spanish electricity demand in May was 562 GWh, practically the same as that recorded in May 2021 (560 GWh) at the height of the pandemic. This decrease was more pronounced in the hours of maximum solar radiation (between 11% and 12%) due to the boom in self-consumption installations in both homes and businesses. The other factor that explains…

European economy, In Europe 15th March 2023

“Marginalism works” reiterates Brussels in proposal for European electricity market

Norbolsa | The European Commission presented the reform of the electricity market, focusing on long-term contracts, as leaked by the Periódico de la Energía magazine. We highlight three aspects of this proposal; firstly, Brussels has made it clear that the current market works, and therefore marginalism will continue to work; secondly, long-term contracts are introduced as requested by the sector with the aim of introducing more stability; and finally, together…

Spanish economy 14th February 2023

Seven European countries oppose Spanish electricity reform

The governments of Germany, Denmark, Estonia, Finland, Luxembourg, Latvia and the Netherlands have sent a joint letter to the European Commission in which they ask that the reform of the electricity sector in the EU be carried out under free market parameters and without price interventionism. The letter, to which the newspaper Expansión has had access, is a harsh blow to the proposal put forward by the Spanish government to…

Spanish economy 4th January 2023

Spain: Electricity demand down 6.7% in December

Spanish electricity demand fell by 6.7% in December compared to the same month of the previous year and after discounting the effects of temperature and working hours. In gross terms, demand is estimated at 20,437 GWh, 7.2% lower than in December 2021. Generation from renewable energy sources accounted for 45.1% of the mix in December. In December, wind energy was the main generation technology in our country. Its production accounted…

Spanish economy 31st October 2022

Electricity Companies Call On The Government To Fix The Chaos It Has Generated In The Awarding Of Renewable Energy Licences

The monumental bureaucratic bottleneck that currently exists in Spain in the processing of permits for the installation of renewable energy plants threatens to destroy hundreds of projects if the government does not intervene in the coming weeks. According to various reports handled by the major electricity companies and reported by the newspaper Expansión, the paralysis is already affecting between 2,500 and 3,000 projects, totalling between 80,000 and 100,000 megawatts (MW)…

Spanish economy 29th April 2022

The Excessive Profits Of The Electricity Companies, Where Are They?

Fernando González Urbaneja | Several ministers in conversations with journalists have complained about the excessive, extraordinary, abusive… profits of the electricity companies. These adjectives have been heard in Parliament from the mouths of more than a few dubiously documented parliamentarians. It would be desirable for such descriptions to be followed by explanations and figures, because where there are no accounts, stories dominate. To begin with, it would be useful to…

Spanish economy 28th March 2022

Capping Gas Prices Only Delivers Short-Term Respite

J.P. Marín-Arrese | PM Pedro Sánchez bet hard in the recent EU Summit when he pressed for an overhaul of the current marginal cost pricing in the electricity sector. While missing his goal, and rebuked by Germany and Holland, he was given as a consolation prize the promise that Spain and Portugal could cap electricity gas prices on a temporary basis, subject to final scrutiny by Brussels. Decoupling the most…

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