Spain has informed the European Commission that a joint price reduction plan with Portugal may entail restricting energy sales to France, El Pais reported.
Madrid is its northern neighbor’s largest single supplier of imported electricity, and the potential restriction comes as the entire EU grapples with soaring energy costs.
Spain and Portugal agreed in late March to cap the price of gas used in electricity generation to the equivalent of 30 euros per megawatt/hour ($32.50).
Poster Comment:
More bad news delayed past Sunday's election in France.