ARTICLE - 20 September 2022

SPAIN READIES SYSTEM OF FLEXIBLE ENERGY USE IN PEAK HOURS

Power-intensive industries could themselves opt to cut or reduce energy usage for a maximum of three hours with a 15-minute warning

MADRID, Sept 20 (Reuters) – Spain will create a system allowing energy-intensive companies to disconnect from the grid for up to three hours a day during peak usage in exchange for compensation amid the European energy crisis, Energy Minister Teresa Ribera said on Tuesday.

Industry Minister Reyes Maroto said on Monday the government could resort to forced power cuts for such companies this winter, but it was not necessary for the moment. read more

Share The News :