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Iberdrola, Endesa propose review of Spain's nuclear phase-out calendar

Iberdrola, Endesa propose review of Spain's nuclear phase-out calendar

Reuters13-06-2025

MADRID, June 13 (Reuters) - Spain's energy companies Iberdrola (IBE.MC), opens new tab and Endesa (ELE.MC), opens new tab have sent a proposal to review the nuclear phase-out calendar, an Energy Ministry spokesperson told Reuters on Friday.
The proposal was not endorsed by all the companies with stakes in Spain's nuclear fleet: Naturgy (NTGY.MC), opens new tab and EDP (EDP.LS), opens new tab did not sign it, the spokesperson said.
The proposal links the extension to a revision of the tax framework and, as such, isn't in line with the conditions set by Spanish Prime Minister Pedro Sanchez to open a discussion over the review, namely that it guarantees security of supply, safety and it doesn't weigh on taxpayers.

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