Spain to Propose Using Its Gas-Cap System Across Europe: El Pais
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The Spanish government will propose that the EU apply the same price cap system that it is using, according to the country’s leading newspaper.
Spain’s top energy official, Teresa Ribera, will make the proposal to uncouple gas from the wholesale electricity market at a Sept. 9 meeting with EU energy ministers, Spanish newspaper El Pais reported, without saying how it obtained the information. Ribera will also propose limiting the price paid for CO2 emissions.