The National Court has upheld a fine from the National Markets and Competition Commission (CNMC) for transferring three regulated electricity supply contracts to Endesa on the open market on behalf of an elderly man who had been dead for almost five months. The Court of Justice has charged Endesa Energía with liability for sanctioned conduct, […]
Tag: Market
Brussels is already questioning the “structure of the electricity market” and is ready to “adapt it to the existing conditions”.
“Gas is the most expensive and determines the whole price. This market system no longer works. “We have to reform it,” he said. New common sense in the electricity market in Brussels. For the first time since Spain unveiled the idea of market reform a year ago, leading to the most expensive energy at the […]
Brussels questions ‘electricity market structure’ for first time
“Gas is the most expensive and determines the whole price. This market system no longer works. “We have to reform it,” he said. New common sense in the electricity market in Brussels. For the first time since Spain unveiled the idea of market reform a year ago, leading to the most expensive energy at the […]
Dacia Spring Test: This is the cheapest electric on the market
The Dacia Spring is the most affordable electric model available today in Spain. Despite the recent price increase for all cars, it sells for € 17,900, which will remain at € 12,900 for those who can get up to € 7,000 in assistance from the Moves III plan. In this regard, we remind you that […]
Correos Market expects to multiply supply by five and will be profitable in 2025
“We are in the process of being revised to be a ‘market’ for Spanish companies that sell more in the digital ecosystem and in a much fairer environment.” Ivan Maroto, Digital Business and Korea Market Director, explains to elDiario.es the moment of transformation that one of Correos Group’s youngest businesses is going through. An e-commerce […]
EU regulator urges not to touch electricity market: “It is not to blame for the current crisis”
That did not affect the electricity market. This is defended by the EU Energy Regulatory Cooperation Agency (ACER) in a report requested by the European Commission in October last year and published on Friday. The report also came after a European summit, at the request of Spain and other countries, began debating a possible reform […]
The government accuses the European regulator of “failing to address key issues” in its analysis of the electricity market.
That did not affect the electricity market. This is defended by the EU Energy Regulatory Cooperation Agency (ACER) in a report requested by the European Commission in October last year and published on Friday. The report also came after a European summit, at the request of Spain and other countries, began debating a possible reform […]
Wealthy Households Heat the Mortgage Market as Low-Income Households Reduce Debt
In the first two months of this year, more than 72,700 mortgages were issued in Spain, which is 21% more than in the same period last year, according to the latest data from INE, which was updated this week. This is a growing business for banks, with very high activity rates and ambitious commercial campaigns. […]
United We can prosecute Ayuso government contracts with three businessmen outside the health market
United We Can has lodged two complaints with the Anti-Corruption Prosecutor’s Office and the European Prosecutor’s Office concerning the Madrid Community’s contracts with companies outside the sale of medical equipment during the pandemic, totaling € 20 million. These contracts, which were concluded as a matter of urgency, benefited a company dedicated to the sale of […]
Banks, electricity companies and many high-ranking officials: This is an electricity market operator that is questioning Iberian gas.
Electricity companies are doubling the pressure on Brussels to drop the natural gas production limit offered by Spain and Portugal to reduce electricity bills. This Tuesday, Third Vice President Teresa Ribera and Portuguese Environment Minister Duarte Cordeiro are scheduled to meet with Competition Commissioner Margaret Vestager in the community capital to continue work on defining […]
Wind and photovoltaic rates the wholesale electricity market at the lowest price in the last five months
The wholesale electricity market will fall to the level of 100 euros per megawatt hour (MWh) for the first time this Wednesday in 2022. The so-called pool will name the lowest price for more than five and a half months thanks to the contribution of wind and photoelectric energy. According to the Iberian Energy Market […]