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The Director of Communication, Institutional Relations, Regulation and Corporate Strategy at ENGIE Spain warns that unless demand is reactivated and regulatory bottlenecks are cleared, the sector will face a paralysis that threatens investment and jobs. “We have a market that recorded €1.6/MWh – that’s unsustainable,” he stresses.
The Minister for Science, Innovation and Universities, Diana Morant, has highlighted that this strategic project, located in Escúzar (Granada), “places Spain at the forefront of fusion energy research”.
Lower demand, record solar output in France, Italy and Spain, and rising wind in select markets drove down electricity prices across Europe, though most remained above €75/MWh. Brent and gas futures rose, while CO₂ prices slightly declined.