The Spanish government published on Monday a draft law restricting operators’ ability to shut power plants, three days after electricity generator Iberdrola announced the closure of its two remaining Spanish coal-fired plants.
Company president Ignacio Sánchez Galán told the EFE press agency that Iberdola’s decision to end coal-fired production was “part of its commitment to decarbonisation”. He added that, “if the government decides nuclear plants are necessary, it needs to find the means to finance them” because “they are not economically viable at the moment”.
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