Particle.news

Spanish Industry Seeks Delay to Nuclear Closures After Deloitte Study

A Deloitte analysis says delaying the planned shutdowns would lower wholesale prices, cut industry power costs, prevent millions of tonnes of CO2, buy time for renewables to expand.

Overview

  • Deloitte presented its report at the Cercle d’Economia on Tuesday, June 9, estimating about €1.4 billion a year in national industry savings, roughly €280 million for Catalonia, a €15/MWh wholesale price fall by 2035 and around 14 million tonnes of CO2 avoided.
  • Representatives from Endesa, Foro Nuclear, industrial bodies and local mayors are working to form an alliance to press the Spanish government to postpone the scheduled shutdowns of seven plants between 2027 and 2035.
  • Catalan industry is singled out as vulnerable because energy can reach about 25% of operating profit, the region has roughly 500,000 industrial jobs, and key manufacturing areas such as Vallès and Camp de Tarragona would face the biggest impacts.
  • Speakers at the event argued that nuclear power provides firm, predictable generation that stabilised prices after the 2022 electricity shock and that losing that stability risks industrial competitiveness and could prompt companies to relocate.
  • No official change to the decommissioning timetable has been announced and decisions such as a possible extension for Almaraz still face regulatory reviews this summer, which means the lobbying push could influence policy but not yet alter closures.