Brussels authorizes Spain’s plan to lower electricity bill through gas cap
The price of the electricity bill is coming down closer. The European Commission has approved the plan presented by Spain and Portugal, known as the 'Iberian exception' to reduce the electricity bill through a cap on natural gas for electricity generation. This measure will be in force for 12 months. Brussels estimates that the measure, which will be in force until 31 December 2023, will cost a total of 8.4 […]
