Latest news with #electricidad
Reuters
5 hours ago
- Business
- Reuters
Spanish minister says private power firms slow to share information in blackout probe
MADRID, June 10 (Reuters) - Spain's Energy Minister Sara Aagesen urged private electricity companies to speed up sharing information needed to identify the causes of the worst ever blackout to hit Spain and Portugal. More than a month after one of Europe's biggest electricity system collapses left around 60 million people in the two countries without power, the cause has yet to be determined and the blame game has intensified. "At the beginning, when we requested information, it arrived very quickly," Aagesen told reporters from Nice, France, where she was attending a U.N. conference. "Now we're in a situation where information arrives in dribs and drabs, much more slowly." She acknowledged though that the information required was now more detailed and, at times, more complex. "But I insist, I continue to call for this information to be delivered as soon as possible so we can identify the causes and implement the necessary measures," she said. Spain's energy ministry is leading one of the probes looking into the April 28 events, which sent investigators from the country's cybersecurity and intelligence services to private energy companies' premises to gather information. An energy ministry spokesperson declined to comment when asked about what information Aagesen was referring to. Utility lobby Aelec, which represents Spain's main electricity companies including Iberdrola ( opens new tab and Endesa ( opens new tab, did not immediately reply to a request for comment. Last week, it said private companies have been cooperating with the investigations. "It is absolutely false that they are withholding information or delaying their responses to requests related to the recent blackout," it said at the time. The European network of transmission system operators ENTSO-E has also launched an inquiry, while a Spanish court is investigating whether a cyber attack caused the blackout. Spanish lawmakers are conducting separate probes. Spanish grid operator Red Electrica insists the transmission grid it manages was working without issues before the blackout. Beatriz Corredor, the chair of its parent company Redeia, last week blamed some conventional power plants, which include nuclear, combined cycles and hydroelectric plants, for failing to help maintain an appropriate voltage level in the power system that day. Corredor stopped short of saying this caused the blackout. Investigators are examining excessive voltage on the grid as one possible cause for the loss of generation. Aelec said Corredor's comments sowed confusion and obstructed an objective technical analysis.
Reuters
26-05-2025
- Business
- Reuters
Rise in Spanish industrial prices slows in April on cheaper energy
May 26 (Reuters) - The rise in Spanish industrial prices calculated over a 12-month period slowed in April on cheaper energy, the National Statistics Institute (INE) said on Monday. The industrial price index rose an annual 1.9% in April, down from a revised 4.6% increase in the 12 months through March, INE said. Industrial prices fell 2.9% in April from March, driven by a 15.9% decline in electricity prices and a 7.3% contraction in refined oil products, INE said. The price of vegetable oils, mainly made from olives in Spain, fell 4%. INE revised the year-on-year March price increase to 4.6% compared with an initial 4.9%. Industrial price changes tend to anticipate consumer prices as companies eventually transfer most of their cost increases to customers, ultimately fuelling inflation. Spain's European Union-harmonised 12-month inflation rate remained at 2.2% in April from the period through March.
Washington Post
09-05-2025
- Business
- Washington Post
Empresa: Q1 Earnings Snapshot
BUENOS AIRES, Argentina — BUENOS AIRES, Argentina — Empresa Distribuidora y Comercializadora Norte S.A. (EDN) on Friday reported profit of $34 million in its first quarter. On a per-share basis, the Buenos Aires, Argentina-based company said it had profit of 78 cents. The electric power distributor posted revenue of $605.3 million in the period.
The Independent
08-05-2025
- Climate
- The Independent
Spanish island hit by power outage as thousands left in the dark
A power outage hit several areas of the Spanish island of La Palma in the Canary archipelago on Thursday, the local council said in a post on the social media platform X. The island was not affected by the massive blackout that hit most of Spain and Portugal on April 28. Early reports suggest a third of La Palma is without electricity and around 30,000 people are affected.
