Iberian hydro continues to suffer as Iberdrola reports 21.6% rise in ETS-covered fossil output

Published 14:49 on July 27, 2022  /  Last updated at 14:49 on July 27, 2022  /  EMEA, EU ETS  /  No Comments

Utility Iberdrola posted on Wednesday a strong rise in gas-fired generation to send its ETS-covered output rising by more than one fifth year-on-year in H1, while hydro generation in Spain slumped some 52% due to drought across the country.

Utility Iberdrola posted on Wednesday a strong rise in gas-fired generation to send its ETS-covered output rising by more than one fifth year-on-year in H1, while hydro generation in Spain slumped some 52% due to drought across the country.

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