Energy
The Spanish Government announces aid for rural areas and transport due to the war in the Middle East
For the time being, the measures have not been specified or when they will be adopted, but they have assured us that the intention is to adopt them 'in the next few days and as soon as possible'.
Euskadi and the Canary Islands urge the urgent convening of the Conference of Presidents for the war in Iran
Jainaga predicts 2026 "catastrophic" by the energy crisis caused by the war
The war in the Middle East has brought about a new energy crisis that entrepreneurs do not believe will end soon, and they have therefore called for "quick and robust" measures such as tax cuts and advocating alternatives that reduce energy dependence.
The International Energy Agency will market 400 million barrels of oil from strategic reserves
The aim of this measure is to compensate for the loss of oil supply caused by the blockade of the Strait of Hormuz.
Brenta's price is stable at $88, pending possible release of oil reserves
According to The Wall Street Journal this Wednesday, the International Energy Agency (IAE) has proposed the largest release of oil reserves in its history to reduce oil prices, which would exceed the 182 million barrels of oil that IAE countries placed in 2022 when Russia invaded Ukraine.
The Spanish Government is monitoring the rise in gas station prices to determine whether there has been any infringement
The consumer association Facua has denounced that gas stations are taking advantage of the Iranian war to inflate prices and has called on the Spanish Government to intervene in the face of this' speculative 'behaviour.
G7 Energy Ministers meet today to discuss the crisis caused by the Middle East conflict
Energy ministers from the US, Canada, Japan, France, Italy, Germany, and the UK will meet this Tuesday virtually to discuss the supply cut caused by the Iranian war and the possible release of oil reserves.
Brent's barrel went up 6.76 percent on Monday, but it went down and went down from $100
During the day, it's been around $120 a barrel, so G7 ministers have met and expressed their readiness to take action and release their reserves.
Per litre of fuel Gasoline is 15 cents from the maximum that led to a 20 cent bonus. today
In the midst of the Iranian war, fuel prices are rising day by day. In the Basque Country, diesel is now EUR 1,767 per litre and petrol EUR 1,649. The Spanish Government approved aid when these fuels were EUR 1.91 per litre and EUR 1.81 per litre respectively by 2022.
The price of oil is over $100 a barrel because of the war against Iran
As a result, the price of petrol and diesel has increased considerably.
How will the situation in the Middle East affect the energy bill?
The increase in the price could be felt more in light than in gas and will depend on the type of contract of each household.
Lehendakari Pradales has called for the price of energy to be equated with that of Europe in order to 'guarantee' the future of Basque industry and employment
Imanol Pradales, together with the Director of Industry, Energy Transition and Sustainability, Mikel Jauregi, visited the company Lointek in Urduliz (Bizkaia) on the occasion of its 30th anniversary. During his speech, Pradales highlighted the impact of the price of electricity on the competitiveness of the Basque industry, especially in the case of electro-intensive companies, "on which thousands of jobs depend."
The Spanish Government approves a package of measures to protect customers of electric companies, including banning commercial calls
The new Royal Decree, promoted by the Ministry for Ecological Transition and Demographic Challenge, provides that electrodependents and vulnerable persons may not be suspended from electricity even if they do not pay, and suspension of contracts shall not generally be punishable. Penalties are also provided for companies for violations of the rules.
Petronorrek elektrolizagailua eraikitzeko lanak hasi ditu
Dagoeneko hasi dituzte 100 megawatteko (MW) eskala handiko bigarren elektrolizagailu bat eraikitzeko lanak Petronorreko findegian, Muskizen (Bizkaia). Aurreikuspenen arabera, 2029an jarriko dute martxan, eta hasierako inbertsioa 300 milioi euro ingurukoa izango da.
The National High Court has shelved the blackout case in the absence of "minimal indications" of terrorist sabotage
The judge has ruled that "the facts investigated are based on an act of computer terrorism".
Trump has confirmed to oil companies that they must invest $100 billion in Venezuela
Repsol's leader and former PNV president, Josu Jon Imaz, has thanked the US president for "opening the door to a better Venezuela," and has shown his willingness to triple production.
The Fukushima nuclear power plant will be reopened
TEPCO will reactivate the world's largest nuclear power plant in January after receiving approval from local authorities.
The Spanish Government wants to guarantee by law the operation of mobile phones for at least 4 hours in the event of a blackout
The purpose of this draft regulation is to strengthen security measures in the telecommunications sector, to prevent or reduce the impact of such incidents on the safety of users and to restore communications as soon as possible. Operators must legally ensure the efficiency of 'first level' infrastructures for at least 24 hours and 12 hours for 'intermediate level' infrastructures, which will be classified by the operators themselves.
The Strait of Hormuz, the most tense point on the world's energy map
These calm waters are at the heart of the world's biggest geopolitical storm, transporting more than 20% of the world's oil produced from this strait between Iran and Oman for sale across the globe.
The Amurrio Mountain Wind Farm project has been modified from 7 to 4 wind turbines
The new project envisages installing four 110 metres high and 7.8 MW of unit power windmills (previously 7), as well as an anemometric tower of 99.5 metres. Although generators would be installed in Amurrio, the evacuation line would also affect the municipality of Ayala. With these changes the total power would rise to 31.2 MW and the investment would fall to 24.8 million.