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Spain Demands Unanimous Utility Proposal Before Renegotiating Nuclear Timelines

The government has refused to discuss any shift in nuclear plant closures until Iberdrola, Endesa and Naturgy submit a fully agreed plan that avoids burdening consumers.

Overview

  • The energy ministry says it will not renegotiate the planned shutdown calendar until Iberdrola, Endesa and Naturgy unify behind a detailed, formal proposal.
  • Iberdrola and Endesa have launched legal claims against Enresa and the state seeking about €778 million in compensation for a 30% rise in the radioactive waste management fee.
  • Executives from Iberdrola, Endesa and Naturgy are drafting a joint application to extend Almaraz’s operating licence to 2030 as their minimum consensus plan.
  • Shareholders anticipate a March 2026 deadline to file extension requests in order to secure an 18-month approval window and avoid forced reactor shutdowns.
  • President Sánchez has set three red lines—safety, supply security and no extra consumer cost—and rejected utility demands for tax cuts on nuclear operations.