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Inflation falls in Spain in May, but remains stubbornly high for foodstuffs

INFLATION in Spain fell to 3.2% in May according to the country’s National Statistics Institute (INE), but the rate for foodstuffs remains stubbornly high...

Endesa announces huge first quarter profits even after paying ‘unjustified’ windfall tax

SPANISH energy company Endesa has announced a remarkable 76% surge in net profit for the first quarter of the year, defying the effects of...

Light at the end of the cable: Spain and France finally set to agree funding for undersea electricity link

SPAIN and France are set to resolve their long-running dispute over the cost of their first undersea electricity link.  The 400 km-long cable link from...

TOO MUCH OF A GOOD THING: The controversy in a small Valencian village over plans for a massive solar...

IT was described as ‘the first and only solar extracting and pumping station in Europe’ and, from the moment it was operational, it was...

Spain and France sign friendship treaty on issues affecting EU at summit in Barcelona

FRENCH President Emmanuel Macron and Spanish Prime Minister Pedro Sánchez on Thursday signed a friendship treaty after holding a bilateral summit in Barcelona.  The meeting...

From oil to biofuel in Spain’s Huelva

AN old oil refinery in Spain’s Huelva has been rapidly converted to produce biofuels, capable of reducing CO2 emissions by 90%. Cepsa says that the...

WASTE NOT WANT NOT: Repsol signs agreement to search for ways of turning Spain’s agricultural waste into renewable fuel

OIL giant Repsol is joining forces with agricultural organisation ASAJA to transform agricultural and livestock waste into renewable fuels. ASAJA, which represents 200,000 farmers and...

Spain’s Iberdrola announces €17 billion investment in renewables across Europe and USA

ENERGY giant Iberdrola will invest €47 billion in electricity networks, renewable energy production and customer businesses over the next two years. Around €17 billion of...

Spain’s clothes stores cutting back on big Black Friday bargains as purchases fall and costs rise

CLOTHES sales in Spain went up by 4.2% in October compared to a year earlier but that was close to half of September's rise. Fashion...

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 investigates leading energy companies over delays to customers wanting cheapest gas tariff

SPAIN'S competition regulator, the CNMC, will probe the country's four leading gas suppliers over not doing enough to help consumers wanting to get onto...

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...

Bars and restaurants in Costa Blanca and Valencia areas get best ‘sustainability’ ratings of Spain’s coastal regions

VALENCIAN Community hospitality businesses lead Spain's coastal regions when it comes to sustainability. The findings come in a survey compiled by non-profit recycling entity Ecovidrio. Ecovidrio...

Endesa commences new renewable energy project in Spain

SPAIN'S largest utility company, Endesa, is to build 27 renewable projects across Spain. They will have a capacity of 1,130 megawatts and employ 4,200 people. The...

Spain limits air conditioning and heating in public buildings in latest drive to save energy

SPAIN will impose limits on air-conditioning in public buildings this summer in a bid to slash its energy bill as prices soar. Civil servants will...

Energy giant Cepsa to transform 3,000 petrol stations in Spain under €8 billion ‘green plan’

SPANISH energy company Cepsa will spend €8 billion in a shift to using low-carbon energy sources by 2030. The plan is for half the firm's...

Industrial production prices in Spain soar by over 40% in February in biggest rise since records began

INDUSTRIAL production prices in Spain notched up a record annual rate for the fifth successive month in February according to figures released on Friday...

Rising energy prices and food shortages could dent tourist recovery in Benidorm area of Spain

BENIDORM hotels and restaurants say they are concerned about rising costs brought about by the Russian invasion of Ukraine. Though hotel and holiday bookings are...

EXPLAINED:How Russia’s war with Ukraine is affecting consumers in Spain

WITH the war between Russia and Ukraine approaching its third week, consumer prices in Spain have already risen because of sanctions imposed. In particular,...

Massive green energy project unveiled for Spain’s Aragon

SPAIN has unveiled plans for a massive green energy project in the northeast region of Aragon that aims to meet 30% of the nation’s...

Covid compensation severely affected by “damaging” price of fuel and energy, claims mayor on Spain’s Costa Blanca

FINANCIAL AID for businesses affected by the Covid-19 pandemic on the Costa Blanca has been severely affected by the price rises for fuels and...

How abolition of the old ‘sunshine tax’ started the ‘energy cooperative’ movement for a cheaper greener Spain

BELIEVE it or not, people harnessing the sun’s energy in Spain were taxed until 2018 because they were seen to be depriving energy companies...

All aboard! Electric bus pilot test launched in Torrevieja on Spain’s Costa Blanca

AN electric bus is being tested for three days until June 17, as part of the Energy Transition Project by AVANZA. Named, URBINO 12, the...

Spain’s Repsol suffers staggering losses of €487 million in the first quarter of 2020

REPSOL has suffered losses of €487 million between January and March.

Energy usage in Spain FALLS due to coronavirus

ENERGY consumption in Spain has fallen due to coronavirus.

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