The Third Vice President and Minister of Ecological Transition, Teresa Ribera, maintains that the formal approval by the European Commission of the gas cap approved by the governments of Spain and Portugal “will be on time.” Despite the fact that the decree law that regulates the cap on gas to produce electricity in Spain came into force last Saturday, setting a limit of 48.8 euros for the average price per MWh for the next twelve months, the European Commission has yet to formally adopt support for the standard, which is expected to be an immediate improvement for 37% of domestic consumers and 70% for industrial consumers.
In the extraordinary Council of Ministers last Friday in which the Government announced the approval of the measure, the holder of the Ecological Transition portfolio pointed out that the approval by Brussels could take around “two weeks”. “I think it will go very fast. I cannot put the date on a procedure that the European Commission services themselves manage, but in all the conversations that we are having with them in the terms of the communication, in the understanding that they have a very deep understanding of each of the details of the decree laws of Portugal and Spain, will go very fast. I’m sure it will go on time », she indicates.
On the other hand, Ribera has been blunt about the possibility of extending the schedule for the scheduled closure of nuclear power plants (from 2027 to 2035) and has limited himself to pointing out that “no” will be the case. The European Commission proposed this week to increase the participation of coal and nuclear power plants in the energy mix as part of the REPower EU package of measures, to reduce energy dependence on Russia.
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