Iberdrola hydro output doubles in Q1 as fossil generation slumps

Published 09:29 on April 26, 2023  /  Last updated at 09:29 on April 26, 2023  / /  EMEA, EU ETS

Spanish utility Iberdrola posted a strong rebound in hydro output during the first quarter of the year in a signal that reservoir stocks in Iberia have recovered despite ongoing drought-like conditions, also reducing the firm's ETS-covered fossil power generation as a result.
Spanish utility Iberdrola posted a strong rebound in hydro output during the first quarter of the year in a signal that reservoir stocks in Iberia have recovered despite ongoing drought-like conditions, also reducing the firm's ETS-covered fossil power generation as a result.


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