Spain plans to introduce 'additional measures' to a newly approved bill, opposed by some firms and investors, which reclaims some power company profits in a bid to protect consumers from sky-high energy prices, Prime Minster Pedro Sanchez said on Thursday.
"Gas supplies from Algeria are guaranteed - although we do have a geopolitical conflict," Sanchez said. "It would be more guaranteed if we had a strategic European reserve."
Ribera told lawmakers she hoped to come up with "additional measures" in the coming weeks, adding on Twitter that these would give "reasonable prices to industry and more protection to vulnerable consumers". Iberdrola shares traded up more than 2%, having previously shed 7.5% of their market value since mid-September. Enel unit Endesa
"It is a positive message to give regulatory security and speed up the energy transition, but my question is whether the approved regulation could bring about precisely the opposite," said Fernando Garcia, director of European utilities equity research at RBC Capital Markets.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Three eastern European countries deemed 'very high' risk for travel, but Spain now less riskyThree eastern European countries and a Caribbean nation were deemed 'very high' risk travel destinations on Tuesday by the US Centers for Disease Control and Prevention.
Consulte Mais informação »
The Crown's Dominic West and Elizabeth Debicki stun as Charles and Di in SpainThe actors are portraying the royal couple in series five of Netflix's hit drama The Crown – and have been spotted recreating a family holiday on the island of Mallorca for the historically inaccurate show
Consulte Mais informação »
Japan's Prime Minister dissolves Parliament ahead of electionJapan's Prime Minister Fumio Kishida dissolved Parliament's lower house on Thursday, setting the stage for a general election this month as he seeks to rouse support for his newly formed government.
Consulte Mais informação »
Amazon Prime Video Launches Victorine Narrative Lab For France’s Aspiring Writers (EXCLUSIVE)Amazon Prime Video is launching the Victorine Narrative Lab, a new mentoring program for aspiring writers, in collaboration with the French Riviera city of Nice and the top-ranking French film scho…
Consulte Mais informação »
SEC Revives Proposal to Claw Back Executive PayThe Securities and Exchange Commission is working to implement a controversial rule proposed in 2015 that would force companies whose financial results contain errors to claw back some of their executives’ incentive pay.
Consulte Mais informação »