The China Mail - EU seeks better Spain-France energy links after blackout

USD -
AED 3.672496
AFN 63.496241
ALL 83.099858
AMD 378.311305
ANG 1.790083
AOA 917.000041
ARS 1376.756002
AUD 1.441234
AWG 1.80225
AZN 1.697509
BAM 1.69121
BBD 2.021203
BDT 123.152752
BGN 1.709309
BHD 0.37752
BIF 2980.6865
BMD 1
BND 1.282811
BOB 6.934122
BRL 5.238799
BSD 1.003511
BTN 94.391913
BWP 13.675591
BYN 2.974214
BYR 19600
BZD 2.018349
CAD 1.38255
CDF 2279.999515
CHF 0.79217
CLF 0.023243
CLP 917.759769
CNY 6.901498
CNH 6.908155
COP 3701.35
CRC 466.602389
CUC 1
CUP 26.5
CVE 95.347419
CZK 21.166899
DJF 178.70438
DKK 6.464445
DOP 60.504391
DZD 132.666646
EGP 52.534201
ERN 15
ETB 156.694439
EUR 0.86509
FJD 2.229198
FKP 0.747226
GBP 0.748955
GEL 2.694999
GGP 0.747226
GHS 10.97146
GIP 0.747226
GMD 73.490979
GNF 8795.921985
GTQ 7.680368
GYD 209.951965
HKD 7.81829
HNL 26.573681
HRK 6.517801
HTG 131.592942
HUF 335.204021
IDR 16895.6
ILS 3.11585
IMP 0.747226
INR 94.13795
IQD 1314.718815
IRR 1313149.999836
ISK 123.879954
JEP 0.747226
JMD 158.070639
JOD 0.708995
JPY 159.514497
KES 130.060166
KGS 87.449202
KHR 4024.402371
KMF 426.999903
KPW 900.014346
KRW 1508.355018
KWD 0.30662
KYD 0.83627
KZT 484.190774
LAK 21636.228425
LBP 89732.015462
LKR 315.615164
LRD 184.148973
LSL 16.90412
LTL 2.95274
LVL 0.60489
LYD 6.398976
MAD 9.352461
MDL 17.546954
MGA 4182.664038
MKD 53.319088
MMK 2100.167588
MNT 3569.46809
MOP 8.081059
MRU 39.984608
MUR 46.459658
MVR 15.450154
MWK 1740.168102
MXN 17.7907
MYR 3.991974
MZN 63.906428
NAD 16.904046
NGN 1384.389835
NIO 36.93215
NOK 9.69898
NPR 151.028367
NZD 1.724545
OMR 0.38451
PAB 1.003502
PEN 3.470204
PGK 4.335701
PHP 60.228502
PKR 280.088894
PLN 3.70078
PYG 6529.521635
QAR 3.659719
RON 4.407596
RSD 101.589033
RUB 80.999702
RWF 1465.35287
SAR 3.751413
SBD 8.042037
SCR 13.818642
SDG 601.000238
SEK 9.357815
SGD 1.282497
SHP 0.750259
SLE 24.550436
SLL 20969.510825
SOS 573.481661
SRD 37.3405
STD 20697.981008
STN 21.185616
SVC 8.781222
SYP 110.948257
SZL 16.913113
THB 32.779503
TJS 9.608761
TMT 3.5
TND 2.944775
TOP 2.40776
TRY 44.369497
TTD 6.823498
TWD 31.925981
TZS 2570.059039
UAH 44.060825
UGX 3713.071412
UYU 40.624149
UZS 12239.233167
VES 462.09036
VND 26335
VUV 119.508072
WST 2.738201
XAF 567.218502
XAG 0.01402
XAU 0.000222
XCD 2.70255
XCG 1.808646
XDR 0.705441
XOF 567.223406
XPF 103.126392
YER 238.64992
ZAR 17.01155
ZMK 9001.199936
ZMW 18.791291
ZWL 321.999592
  • CMSD

    0.0500

    22.68

    +0.22%

  • CMSC

    0.0400

    22.91

    +0.17%

  • BCE

    -0.3400

    25.49

    -1.33%

  • RIO

    0.7700

    87.54

    +0.88%

  • RBGPF

    -13.5000

    69

    -19.57%

  • NGG

    1.9600

    84.29

    +2.33%

  • BCC

    1.0800

    74.65

    +1.45%

  • JRI

    0.2400

    12.1

    +1.98%

  • RYCEF

    0.3700

    16.06

    +2.3%

  • GSK

    1.7500

    54.7

    +3.2%

  • AZN

    1.3600

    187.14

    +0.73%

  • VOD

    0.0600

    14.72

    +0.41%

  • RELX

    0.0100

    32.47

    +0.03%

  • BP

    0.6200

    45.41

    +1.37%

  • BTI

    0.6900

    58.45

    +1.18%

EU seeks better Spain-France energy links after blackout
EU seeks better Spain-France energy links after blackout / Photo: © AFP/File

EU seeks better Spain-France energy links after blackout

The EU said Wednesday it wants to boost energy links between France and Spain as part of a bloc-wide push to secure power supplies, months after a massive outage hit the Iberian Peninsula.

Text size:

Spain and neighbouring Portugal have often accused France of dragging its feet on building infrastructure to better connect them with Europe's continental grid.

"I'm probably not offending anybody by saying that sometimes France has been somewhat reluctant to have more interconnections," Dan Jorgensen, the European Union's commissioner for energy, told a press conference in Brussels.

The commission presented Wednesday plans to speed up permitting and coordinate planning of cross-border grid projects, which it says are crucial to support the green energy transition and reduce high energy prices affecting businesses and families.

The construction of two new interconnections linking France and Spain across the Pyrenees topped a list of eight "energy highways" Brussels wants to fast track.

Other projects included an "hydrogen corridor" running from Portugal to Germany and a revamp of electricity connections across the Baltic States.

Interconnections play a central role in securing supplies, allowing countries to import or export energy according to their needs.

Teresa Ribera, the EU's vice president for the clean transition, said better exchanges were key to improving response to energy shocks across Europe.

"The more connected we are, the more possibilities we have to react," she said.

The Iberian Peninsula's grid operates as an energy island, linked to the rest of Europe only through a small number of interconnections with France -- something that was partially blamed for a slow blackout recovery in April.

Better connections are also expected to bring down energy prices -- a bugbear of European businesses -- by allowing operators to diversify supplies and reduce dependency on oil and gas, which suffer from price volatility.

Industrial electricity prices in the EU reached 0.199 euro per kWh in 2024, compared to 0.082 euro in China and 0.075 in the US, according to the commission.

"No energy security can be achieved in Europe if electricity is not able to flow freely across the continent," said Neil Makaroff, director at Strategic Perspectives, a think tank.

"Building resilient and integrated grids is the prerequisite if the EU wants to power its economy with electricity instead of gas and oil."

D.Pan--ThChM