Portugal and Spain have not yet sent the Brussels proposal (nor draft) to lock prices in the electricity market – Observer
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The Commission has not yet received a formal proposal or even a provisional document from Spain and from Portugal and Spain on the new model for European definition of electricity prices in the Iberian Peninsula. The information was announced by the advanced countries after the Observer by the official source of the European Commission a week of political agreement to implement a proposal that frees wholesale electricity prices from natural gas quotations.
“This is information without which the Commission cannot reach its assessment”, says the same source who indicates that based on the information that will have to serve the continuation by Spain and Portugal the essential contacts at the level.
Iberian governments to Iberian values priority in the operationalization of this mechanism that can limit the price of electricity in the mibel (Iberian electricity market) context of the order of 140 euros per MW hour, in which the extension of Russian gas supply to some Europeans has even increased plus quotes. At the press conference given from Brussels, the ministers with the Energy portfolio (Duarte Cordeiro from Portugal and Teresa Ribera from Spain) pointed to May as the period of entry into force of the new model.
Brussels approves Portugal and Spain proposal for electricity price caps
a week later, following the agreement in principle, the abridgment with the interest of measures in Portugal, which were not yet the sequence of Spain were formally fulfilled, not even a draft part26.
In these, the official source of the proposals, although the Commission remains committed” to urgently evaluating whether as measures to reform electric energy projects, the market is not distributed “with the rules of State and internal energy assistance.
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