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Spain

Feature

Special tax for banks and energy companies: These are Madrid's plans

In the gas crisis, the profits of companies in the energy trade have risen sharply, and banks are profiting from the rise in interest rates, according to the Spanish government. Many governments in Europe are therefore discussing taxes on excess profits, including the German government. Madrid has now decided on this measure.

By Table.Briefings

Feature

Gas price cap in Spain: only moderate relief for consumers

Heat waves and the disruption of Russian gas supplies to Europe are dampening expectations for Spain's measures to cap gas prices. The European gas price mechanism continues to burden consumers, even though their electricity consumption does not depend on Russian gas.

By Table.Briefings

Feature

Spain opens Europe's largest hydrogen plant

The combination of good solar and wind energy locations makes Spain an important building block for Europe's hydrogen strategy. Germany also wants to participate in a project in the northwest of the country.

By Table.Briefings

Feature

Spain and Portugal: Iberian exception for gas prices

Madrid and Lisbon are proposing to Brussels to cap the price of gas at €30 in order to halve the price of electricity. This is a temporary special measure for the two countries, which are poorly connected to the European energy network and do not rely on Russian gas.

By Table.Briefings