Endesa

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Endesa to shutter two of its Spanish coal-fired power stations

Reuters: Spanish utility Endesa plans to close two of its coal plants in Spain, representing around two-fifths of its coal-fired generating capacity in the country, the company said on Friday. As companies globally move towards a lower carbon economy, Endesa’s Italian parent company Enel, is phasing out coal-fired power plants and focusing on electricity grids, […]

November 19, 2018 Read More →

IEEFA Spain: The High Cost of Political Interference in Power Markets

Ill-Advised Government Policy Aimed at Retarding Transition

The Spanish government’s move this week to block closures of inefficient power plants presents the latest example of a trend toward expensive political interference in electricity markets. Elsewhere in Europe, similar intervention can be seen in the shape of “capacity payments” that prop up gas, coal and nuclear power, as well as more recently in […]

November 16, 2017 Read More →