In Spain

central nuclear de asco

Iberdrola and Endesa seeking to extend Ascó nuclear power station operating life until 2034

Banco Sabadell | According to press reports, both companies are set to apply imminently for authorisation to extend the closure date of the two reactors at the Ascó nuclear power station in Tarragona, at least until 2034, compared to the initially planned dates of 2030 and 2032. Assessment: News of little impact for now, which would be in line with the sector’s stance of wanting to extend the closure of…

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US infrastructures

Spain has €10.5 billion annual public infrastructure investment deficit since 2019

Spain is grappling with a severe infrastructure investment deficit. This has been acknowledged by the Ministry of Transport itself and is confirmed by every report published on the matter. The latest, from the Institute of Economic Studies (IEE), asserts that between 2019 and 2024—coinciding with Pedro Sánchez’s arrival in government—the average annual investment deficit (both public and private) in infrastructure stands at €19 billion. According to the CEOE employers’ association…