[BR] Spain is considering introducing a cap on the price at which combined cycle gas plants can sell electricity on the wholesale market as part of an effort to rein in excessively high electricity bills, Energy Minister Teresa Ribera said on Tuesday.
As global energy prices soared due to Russia's invasion of Ukraine, European governments are looking for solutions ahead of the European Union summit later this week.
"The simplest thing to do is to set a maximum price at which the combined cycle plants can bid (on the market) and then have some ex-post adjustment," she said.
(CNA)
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