Spain Investigates Iberdrola Over Nuclear Plant Shutdown

Discussions continue regarding the closure of nuclear power plants in Spain. The agreement involves the decommissioning of Almaraz and other existing nuclear facilities. Stakeholders expressed dissatisfaction with the timeline, noting that the 40-year lifespan of the plants should have been respected. The closure of these plants is part of a broader regulatory and safety agreement. Spain's Competition Commission has opened a new disciplinary file against Iberdrola for a serious infraction. The investigation examines whether the company shut down a nuclear power plant to save money during a major blackout one year ago. This action allegedly reduced the company's energy contribution to the system and impacted grid stability. Iberdrola and Endesa have now accumulated approximately 40 such files, according to the report.