Overview
- Iberdrola (52.7%), Endesa (36%) and Naturgy (11.3%) plan to file today to extend Almaraz’s life to 2030, pending approval at an extraordinary shareholders’ meeting that requires unanimity.
- The owners will also send shutdown documentation to the Nuclear Safety Council this week to meet the November 1 rule tied to the first reactor’s scheduled disconnection on November 1, 2027.
- The CSN is preparing the closure file and will have to assess a life-extension request in parallel, with the possibility of issuing separate reports on closure and on any extension.
- The Ecological Transition Ministry maintains three conditions for any prolongation—radiological safety, security of supply, and no extra cost for consumers or taxpayers—and will evaluate the request once formally received.
- Utilities have paused demands for national tax cuts and are relying on a promised regional levy reduction in Extremadura, a pledge clouded by December’s early elections, with the plant currently paying over €80 million a year.