54.9% of September’s electricity production was CO2-free


Red Eléctrica de España (REE) has just released the demand data for September highlighting a decrease by 3% compared to the same period of the previous year and a 54.9% CO2-free electrical production.

Electrical interconnection with France via the Biscay Gulf to be ready in 2025


This new electrical interconnection with France via the Biscay Gulf will be the first submarine interconnection between the two countries. Yesterday, REE announced that the processing of the project has already started. The new link, expected for commissioning in 2025, will increase the exchange capacity from the current 2,800 MW to 5,000 MW.


GE wants to close the Ortuella plant in Bilbao


General Electric´s Hydro division has recorded for several years, and especially in 2016, a decline in revenues and negative operating results, as the company itself has acknowledged. Therefore the firm will take steps to reduce costs and simplify its organization among which it intends to close the Ortuella plant in Bilbao, with the possible relocation […]

Spain puts pressure for the Winter Package to include urgent measures on interconnections


Minister of Energy, Tourism and Digital Agenda, Álvaro Nadal, participated on Monday in the European Union´s Council of Ministers of Energy held in Luxembourg, where Member States have adopted a common position on the two proposals for directives on energy efficiency and have reviewed the situation of the other proposals of the so-called Winter Package. […]


APPA and UNEF answer to Nadal: renewables produce savings for the system and the consumer


Renewables produce savings: the savings produced by renewables between 2005 and 2015 amounted to 77.25 billion euro, while the compensation received was 44.386 billion. This data was recalled by APPA to answer Alvaro Nadal, who said on Monday that the electricity bill would be a third cheaper if the development of the renewables had been […]

Neoenergia and Elektro merger creates a new electric leader in Brazil and Latin America


Neoenergia´s shareholders -Iberdrola (39%), Caixa de Previdência dos Funcionários do Banco de Brasil (Previ) (49%) and BB Banco de Investimentos (Bank of Brazil) (12%) – have reached an agreement by virtue of which the company will incorporate the activity and business of Elektro, Brazilian subsidiary of Iberdrola2. In this way, the merger of Neoenergia and […]