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Spain’s Canary Islands aim for full economy decarbonising by 2040 helped by new hydro project

THE CANARY ISLANDS want to fully decarbonise their economy by 2040- ten years before the rest of the European Union. A big step towards that...

Blaze that incinerated electricity cables in central Madrid likely caused by surge in demand

A FIRE that broke out in central Madrid in the early hours of December 26 was likely caused by a surge in power consumption,...

Keep warm and save money in Spain this winter

TO the surprise of newcomers to “sunny” Spain, most houses aren’t designed for winter. Old properties lack insulation and have stone floors, single-glazed windows,...

Utility giant Iberdrola reports profit fall of 14% in Spain

SPANISH energy provider Iberdola has reported a 29% rise in profits over the first nine months of 2022 compared to the same period last...

Spain’s inflation rate shows surprise small fall in August

INFLATION in Spain stood at 10.4% in August- a 0.4% drop on July's rate according to figures released on Tuesday by the National Institute...

Sunny delight: As temperatures soar in Spain so does demand for solar power

THE solar energy revolution has firmly taken hold across Spain, with demand for solar panel installations soaring as homeowners and businesses alike realise the...

Inflation rate in Spain hits 10.8%- highest figure since December 1984

INFLATION in Spain rose to 10.8% in July, which is the highest rate since December 1984. Figures released by the National Statistics Institute on Friday...

Spain suffers ice shortage

THE soaring cost of electricity is being blamed for an ice shortage across Spain as it suffers in the grip of the third heatwave...

Spain’s annual food shopping bill predicted to rise by average of €200 this year

ANNUAL food shopping basket costs are expected to rise by €200 in Spain this year according to the latest Allianz European Food Inflation report. The...

Spain telesales fraud switches electricity customers to new suppliers without them knowing

THE Policia Nacional have arrested 44 people across Spain over a telesales fraud which used stolen personal contact details from electricity company databases. Customer information...

Wind of change: Two sides of the ecologist movement clash as Spain debates renewable energy

OUCH! Another electric bill arrived today as more evidence of the skyrocketing price of energy.  Electricity costs have quadrupled - yes quadrupled! - from February...

What you should know before buying an electric car in Spain

Drivers everywhere are considering whether their next purchase should be an electric car.  Environmentally friendly minded folk understand the need to reduce emissions and slow...

Spain and Portugal team up to propose cap on electricity costs

SPAIN and Portugal are to submit a proposal to the EU to cap wholesale electricity prices The plan was confirmed by Minister for Ecological Transition,...

Spain’s annual inflation rate falls for first time since February 2021

INFLATION in Spain fell in January according to figures produced on Monday by the National Statistics Institute(INE). The INE says that January's rate was 6%...

Inflation soars to highest level in Spain for 29 years due to rising fuel prices

INFLATION skyrocketed to an annual 5.4% rise in October according to Spain's National Institute of Statistics(INE). It's the highest level in 29 years and is...

Solar farm plan launched in Spain’s Alicante area to supply electricity for 70,000 homes

PLANS have been unveiled for a €62 million solar farm in Alicante Province which would produce power for up to 70,000 households. Valencian energy business...

Electricity blackout fears cause panic buying in Spain’s Mallorca

GOVERNMENT announcements of possible electricity blackouts across, Austria, Germany and Sweden have prompted many people in the Balearic Islands to stock up on food and...

Electricity prices in Spain rise for the fifth consecutive day

THE average daily price of electricity in Spain for the wholesale market will rise again this Friday, November 5 for the fifth consecutive day to...

Energy bosses summoned to meet government minister as power prices continue to sky-rocket in Spain

POWER firm bosses in Spain are set to meet with a leading government minister to discuss sky-rocketing energy prices. The El Pais newspaper says that...
Electricity wholesale prices to reach another new record high in Spain

Spain to cap electricity prices in bid to bring down soaring bills

SPAIN has unveiled a package to bring down soaring electricity bills that include capping gas prices, cutting taxes to the consumer and redirecting energy...

Spain looking at new ideas to reduce sky-high electricity prices

SPAIN'S government is looking at fresh moves to reduce sky-rocketing electricity prices. It's expected to announce targeted help for vulnerable customers and make attempts to...

Food prices rise alongside soaring electricity costs in Spain’s Balearic Islands

THE rise in electricity costs is responsible for an increase on average of 1.5% in food prices throughout the Balearic Islands. According to Consumer Price...

Dramatic solar energy prediction for Spain’s Costa Blanca if majority of homes install panels

ALMOST 99% of the Valencian Community's electricity could end up being generated by domestic solar panels according to a survey conducted by renewable...

NO to solar panels say demonstrators in Spain’s Malaga

POLITICIANS and town mayors this morning joined protestors on a demo in Malaga to oppose plans for huge solar farms in the region. There is...

Sun shines on Repsol: Spain’s oil giant opens first solar plant

OIL giant Repsol has opened its first first PV solar farm as it moves towards decarbonisation. Located in the town of Manzanares, in the province...

How to save money on your monthly electricity bills under Spain’s new tariffs from June 1

SPAIN is introducing new voltage tariffs from June 1 that will significantly affect households and could reduce your monthly bill. You may have noticed that...

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