download approves exception for Portugal and Spain in energy prices – Economy
The sale this Friday is an exception agreement for Portugal and Spain to be able to lower energy prices.
The revelation was made by the President of the European Commission, Ursula Von der Leyn. This decision was taken as both countries have a lower share of energy and few connections with other parts of the European Union’s energy grid.
“We trust in the possibility of the Iberian Peninsula having a special treatment, so that it deals with a very specific situation that it is in and manages electricity prices in the ways that were conducted in the Council”, said Von der Leyen, at a press conference in end of the two working days of the European Council.
“The Iberian Peninsula has a very specific one”, he reiterated, highlighting the situation that “the ‘energy mix’ includes a large load of renewables, which is very good”, having as a negative point interconnections” to the rest of Europe.
The 2 leaders7 analyze “various approaches” to deal with an energy crisis, said the president of the European Commission, referring to May the announcement of specific options, namely to separate the price of electricity.
The EU Heads of State and Government ask that they present proposals that solve the problem of additional electricity prices to the single Commission, while making the recommendation of the market and security of supply and that preserve the heard price of pro-parked, according to the text of the European Council’s needs.