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The confrontation over the rise in electricity within the Government, after the price peaks of these cold and snowy days, has already led to a struggle for the reform of the electricity market and a direct clash between the purple formation and the fourth vice president and minister for the Ecological Transition, Teresa Ribera.

Normally isolated from the tensions that exist within the coalition, with the economic vice president, Nadia Calviño, as the main target of the Podemos criticism, Ribera has spoken today in RNE about the internal functioning and has assured that he would like the relationship of the two formations within the Executive were different.

The fourth vice president has acknowledged that she would like the differences not to be aired and that the internal debates be conducted in a different way.

"Work together," he said, "as a team, in the same room" in a more discreet way and not convey "excessive noise" or a "feeling of discomfort."

Ribera points out that they are formations with a "different political culture" but admits that "I would like to work in a different way."

Although, he adds, "it seems to them that this is the mechanism with which they feel most comfortable."

The rise in electricity prices has led Podemos to demand a reform of the electricity market, as agreed in the coalition agreement.

It assumes that "there are still things to do" and that it is necessary to address the "transformation of the system" because "everything is designed for a high-cost system and now we know that it can be produced at low costs, due to renewables."

There are "distortions that must be corrected" such as the high cost of CO2 affecting gas generation but other delicate technologies.

According to the vice president, there is room to introduce changes but they must be "solid", from the legal point of view, from consumers and from investors.

Ribera has pointed to "cushion mechanisms" that act when there is a shortage of some of the electricity generator resources, as has happened these days with renewables, due to lack of sun and wind, due to how the price of gas has risen .

But he does not see a way to establish a "fixed" price for hydro and nuclear energy, a proposal by some academics and experts in the sector, because it might not be "compatible" with EU policy.

In any case, the Government has asked the National Markets and Competition Commission for an investigation into what is happening with the increase in prices, how the offers are being configured and what price each of the products is offering to the wholesale market generators, explains the minister, in case "proposals of opportunity" are being produced.

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  • We can

  • Teresa Ribera

  • Nadia calviño

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