Return of tax on Spanish gas plants threatens future profitability

20/07/2020 4 min
Return of tax on Spanish gas plants threatens future profitability

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Episode Synopsis


Reintroducing the ‘green cent tax’ on Spain’s gas-fired plants would see domestic gas generation fall, replaced by higher imports, and lift the country’s power prices from 2022, ICIS analyst modelling shows. Market Reporter Tasmin Chowdhary and Senior Power Analyst at ICIS Anise Ganbold discuss the model results and effect on the Spanish power mix in this short update.

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