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Spanish Utilities Propose Three-Year Delay for Almaraz Nuclear Plant

Madrid will review the unified extension request under strict safety, supply security and consumer-cost criteria.

Imagen de archivo del consejero delegado de Endesa, José Bogas.
Image
El consejero delegado de Endesa, José Bogas.

Overview

  • Endesa CEO José Bogas said a three-year reprieve for Almaraz is most likely on technical grounds, while emphasizing that final approval lies with the government.
  • Endesa is working to secure unanimous support from Iberdrola, Naturgy and EDP on a joint proposal to push back the 2027–28 shutdowns to around 2030.
  • The Ministry for Ecological Transition rejected the initial request for failing to meet its red lines on ensuring safety, guaranteeing supply security and preventing higher bills.
  • Utilities are seeking to reduce nuclear generation costs by at least €10 per megawatt-hour through a 60% tax cut and adjustments to the Enresa waste-management levy.
  • Extremadura warns that without an extension the region faces job losses and electricity price hikes, intensifying political tensions over the energy transition.