Spain seeks to curb windfall profits from nuclear and hydro amid soaring carbon price

Published 17:00 on June 1, 2021  /  Last updated at 12:29 on September 1, 2021  /  EMEA, EU ETS  /  No Comments

Spain's government has introduced plans to curb windfall profits that nuclear and hydropower plants earn from the wholesale power market as a result of higher carbon prices, a measure designed to shield household and industrial consumers from soaring EU carbon market costs.

Spain’s government has introduced plans to curb windfall profits that nuclear and hydropower plants earn from the wholesale power market as a result of higher carbon prices, a measure designed to shield household and industrial consumers from soaring EU carbon market costs.

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