Ignacio Sánchez Galán has indicated that prices will rise between 25 % and 30 %.
The executive president of Iberdrola, Ignacio Sánchez Galánhas a sudden rise in energy prices of more than 25 % warned if Spain repeats the “big mistake” of Germany to close its nuclear plants.
In statements published by the British newspaper on Thursday Financial Times (FT)The manager believes that Spanish citizens would pay much higher prices and obtain a less reliable system if the government continued to close the seven nuclear reactors working in the country by 2035.
“Can we, as Europeans, be able to give up those natural energy sources, just for a matter of ideology? Or do we have to be pragmatic, like the Americans?” He asks in the interview with the FT. He adds that “the Spaniards will pay (for the closure of the nuclear power plants) If they close, we have analysis that suggests that the selling prices will rise between 25 % to 30 %.”
Sánchez Galán urges the Spanish director Do not replicate the “big mistake” of Germanywhose new government has promised to investigate whether it would be possible to revive the three nuclear power stations in that country in that country in 2023.
Source: EITB
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