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Tag: Teresa Ribera

Spain rules out extending the Iberian Mechanism to limit gas prices in electricity production

Spanish government vice-president and Minister of Ecological Transition Teresa Ribera on Tuesday ruled out a possible extension of the Iberian Mechanism to cap gas prices in electricity production, recalling that it has not been activated since February. “The extension of the Iberian Mechanism, which in principle ends on December 31, will require an approval...