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☆ Von der Leyen names European Commission's new top team
▼ + stars: | 2024-09-17 | by ( ) www.cnbc.com time to read: +2 min

European Commission President Ursula von der Leyen attends a press conference, on the day of a European Union leaders summit, in Brussels, Belgium March 22, 2024. EU Commission President Ursula von der Leyen on Tuesday named Spain's ecological transition minister Teresa Ribera as the bloc's next antitrust commissioner while Estonia's Kaja Kallas will be in charge of foreign policy. All commissioners will report to German conservative von der Leyen, who this summer was handed a second term as EU chief executive by member states after her political camp won the most votes in EU elections. A second Trump presidency could sharply alter Western unity on supporting Ukraine against Russia's invasion and up-end EU trade relations with the world's biggest economy. There was some drama on Monday on the next Commission's line-up, when France picked Foreign Minister Stephane Sejourne as its new candidate after the incumbent, Thierry Breton, abruptly quit with tough words for von der Leyen.

Persons: Ursula von der Leyen, Teresa Ribera, Estonia's Kaja, Andrius, Stephane Sejourne, Slovakia's Maros Sefcovic, Ribera, Denmark's, Margrethe Vestager, der Leyen, Trump, Thierry Breton, von der Leyen Organizations: European Union, EU, French, Big Tech, U.S, Ukraine Locations: Brussels, Belgium, China, France

☆ Spain's Ribera: Phase out of fossil fuels most important step in ecological transition
▼ + stars: | 2023-12-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSpain's Ribera: Phase out of fossil fuels most important step in ecological transitionTeresa Ribera, vice president and minister for the ecological transition for Spain, discusses what governments need to do to meet the environmental targets set in the Paris Agreement of 2015.

Persons: Teresa Ribera Locations: Ribera, Spain, Paris

☆ Spanish Prime Minister Pedro Sanchez's new cabinet
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +6 min

Spain's Prime Minister Pedro Sanchez takes the oath of office during a ceremony at Zarzuela Palace in Madrid, Spain November 17, 2023. Andres Ballesteros/Pool via REUTERS Acquire Licensing RightsNov 20 (Reuters) - Spanish Prime Minister Pedro Sanchez on Monday announced his new cabinet, keeping the same number of 22 ministers, 12 women and 10 men, despite reshuffling some of their portfolios. SOCIALIST MINISTERS:NADIA CALVINO - ECONOMYCalvino remains as Sanchez's first deputy prime minister and top economic expert. FELIX BOLANOS - JUSTICEBolanos saw his profile boosted by heightened media exposure while acting as Sanchez's de facto cabinet chief. SIRA REGO - CHILDREN AND YOUTHThe second-in-command and main spokesperson for the United Left, she became an MEP in 2019.

Persons: Pedro Sanchez, Andres Ballesteros, NADIA CALVINO, Calvino, Sanchez's, TERESA RIBERA, Ribera, MARIA JESUS MONTERO, Sanchez, Montero, FELIX BOLANOS, JUSTICE Bolanos, JOSE MANUEL ALBARES, Arancha Gonzalez Laya, MARGARITA ROBLES, Robles, FERNANDO GRANDE, Miquel Iceta, PILAR ALEGRIA, Alegria, Isabel Rodriguez, ISABEL RODRIGUEZ, Rodriguez, JOSE LUIS ESCRIVA, DIANA MORANT, LUIS PLANAS, Puente, Alberto Nunez Feijoo, JORDI HEREU, Hereu, Hector Gomez, ANGEL VICTOR TORRES, Torres, ELMA SAIZ, Escriva, Redondo, Podemos party's Irene Montero, SUMAR, YOLANDA DIAZ, LABOUR Diaz, Sumar, MONICA GARCIA, Garcia, Isabel Diez Ayuso, ERNEST URTASUN, PABLO BUSTINDUY, Bustinduy, Alberto Garzon, Ione Belarra, SIRA REGO, David Latona, Aislinn Laing, Grant McCool Organizations: Spain's, REUTERS Acquire, Spanish, Monday, European Investment Bank, JUSTICE, High, Culture, Social Security, Universities, Democratic, Socialist, ANA REDONDO, LABOUR, Mas Madrid, Greens, European Free Alliance, Consumer Affairs, United Left, Thomson Locations: Zarzuela, Madrid, Spain, Dubai, France, Morocco, Ukraine, Melilla, Gandia, Valladolid, Barcelona, Canary, Bolanos, Pamplona, Navarre, Mas, Podemos, Gaza, SIRA, Israel

Spain's Prime Minister Pedro Sanchez takes the oath of office during a ceremony at Zarzuela Palace in Madrid, Spain November 17, 2023. Calvino, who is the frontrunner for the top job at the European Investment Bank scheduled to be announced at the end of the year, will also keep her position as first deputy prime minister, Sanchez said in a televised statement. Given the anticipated difficulty of passing laws with a minority government, Budget Minister Maria Jesus Montero will be promoted to be one of four deputy prime ministers. His four deputy prime ministers are all female. Junior coalition partner Sumar got five portfolios, keeping its share of power within the cabinet.

Persons: Pedro Sanchez, Andres Ballesteros, Nadia Calvino, Calvino, Sanchez, Teresa Ribera, Maria Jesus Montero, Jose Manuel Albares, Yolanda Diaz, Sumar, Felix Bolanos, Ana Redondo, Irene Montero, Ione Belarra, Belen Carreno, Inti, Aislinn Laing, Toby Chopra, Charlie Devereux, Ed Osmond, William Maclean Organizations: Spain's, Rights, Socialist, European Investment Bank, European, Energy, Labour, Socialists, Junior, Thomson Locations: Zarzuela, Madrid, Spain, Rights MADRID, Maria Jesus Montero ,, Sumar

REUTERS/Sergio Perez Acquire Licensing RightsLONDON, Nov 7 (Reuters) - European Union (EU) energy ministers last month struck a deal to reform the bloc's power market. German power market forwards for 2024 and 2025LIGHT-TOUCH REFORMEuropean power prices have fallen a long way from their 2022 peaks, when the region was still reeling from the reduction in Russian gas supplies. EU member states were deeply split on proposals for more fundamental reform of Europe's power market to allow for a complete break of the gas-power price linkage. The hard-won compromise keeps the existing market mechanism, which its supporters claim is more efficient than other models in a liberalised electricity market. The bloc's power prices have historically been twice those of the U.S., but are now three or four times higher.

Persons: Sergio Perez, Teresa Ribera, Bernard Respaut, Mats Gustavsson, Boliden, Gustavsson, Respaut, Jan Harvey Organizations: REUTERS, Union, Spain's Energy, Producers, European Copper Institute, EU, Alcoa, PPA, European Commission, Metals, Reuters, Thomson Locations: Alcobendas, Madrid, Spain, Ukraine, San, EU, U.S, Ireland, Europe

☆ Spain's vice president: Pedro Sanchez will have support of majority
▼ + stars: | 2023-09-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSpain's vice president: Pedro Sanchez will have support of majoritySpain’s Vice President and Minister for Ecological Transition, Teresa Ribera, discusses the dynamics of the Spanish Socialist Workers' Party (PSOE).

Persons: Pedro Sanchez, Teresa Ribera Organizations: Spanish Socialist Workers ' Party, PSOE

China, the world's biggest fossil fuel consumer, is among those signalling that it intends to keep using them for decades. By inserting "unabated" before fossil fuels, the pledge targeted only fuels burned without emissions-capturing technology. "We cannot use it to green-light fossil fuel expansion," the countries said in a joint statement. We can't say we want to avoid 1.5 C ... and not say anything about phasing out fossil fuels," Cox said. The Alliance of Small Island States, whose members face climate-fuelled storms and land loss to rising seas, wants a fossil fuel phase-out and an end to the $7 trillion governments spend annually on subsidising fossil fuels.

Persons: Eduardo Munoz, General Antonio Guterres, Sultan Al Jaber, John Kerry, Teresa Ribera, Eamon Ryan, Ryan, Peter Cox, Cox, Fatih Birol, Valerie Volcovici, Kate Abnett, Katy Daigle, Emelia Organizations: U.S, REUTERS, United Nations General Assembly, United Arab Emirates, United, European Union, Reuters, Ireland's, American Petroleum Institute, University of Exeter, International Energy Agency, Rockefeller Foundation, Organization of, Petroleum, Small, States, United Nations, D.C, Thomson Locations: New York, New York City , New York, U.S, Dubai, China, United States, Saudi Arabia, Russia, France, Kenya, Chile, Colombia, Tuvalu, Vanuatu, Japan, Union, Washington, Brussels

☆ Unfortunate timing on UK's climate U-turn, Spain's vice president says
▼ + stars: | 2023-09-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUnfortunate timing on UK's climate U-turn, Spain's vice president saysTeresa Ribera, Spain's vice president and minister for ecological transition, speaks to CNBC's Charlotte Reed and discusses U.K. Prime Minister Rishi Sunak's decision to take a new approach to meeting the U.K.'s emissions targets

Persons: Teresa Ribera, CNBC's Charlotte Reed, Rishi Sunak's Locations: Spain's

☆ Police search for three missing people in deadly Spain floods, trains resume
▼ + stars: | 2023-09-05 | by ( ) www.reuters.com time to read: +2 min

David Fernandez, 52, shows damage on the homes of his parents and their neighbours following heavy rain, in El Alamo, Spain. REUTERS/Susana Vera Acquire Licensing RightsMADRID, Sept 5 (Reuters) - Police and rescue services searched on Tuesday for three people missing after devastating floods hit central Spain as trains to the south resumed after thousands of passengers were left stranded. The heaviest damage was in the provinces of Toledo and Madrid in the country's centre. Railway infrastructure manager Adif said high-speed rail traffic between Madrid and the southern region of Andalusia had resumed on Monday morning after overnight repairs to damage caused by the storm. The train connection between Madrid and Toledo, 70 kilometres (45 miles) south, remained closed.

Persons: David Fernandez, Susana Vera, Teresa Ribera, Ribera, Adif, David Latona, Emma Pinedo, Inti Landauro, Ed Osmond Organizations: REUTERS, Rights, Police, Sunday, Renfe, Thomson Locations: El Alamo, Spain, Rights MADRID, Toledo, Madrid, Aldea del Fresno, Toledo province, Andalusia

☆ Europe's plan to wean itself off Russian fossil fuels by 2027 has a major flaw
▼ + stars: | 2023-08-31 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

The EU wants to wean itself off Russian fossil fuels by 2027 and has cut its use of piped Russian gas dramatically. Even so, EU countries imported a record amount of Russian LNG this year, per Global Witness. Global Witness projects the EU's Russian LNG purchases in 2023 to total nearly 5.3 billion euros, or $5.75 billion. "Buying Russian gas has the same impact as buying Russian oil. In March, Kadri Simson, the EU's energy commissioner, called on member states to stop buying Russian LNG as it's a "reputational risk."

Persons: Moscow —, Adam Bennett, Bennett, Spain —, Jonathan Noronha, Gant, Kadri Simson, Teresa Ribera Organizations: Service, LNG, Moscow, Global, EU, Russia, Russian, Russian LNG, Commission Locations: Wall, Silicon, Ukraine, Europe, Kpler, China, Japan, South Korea, Belgium, France, Netherlands, Spain

That would cost the EU its figurehead in international climate negotiations and the politician who drove through Europe's toughest measures yet to cut planet-warming emissions. The move was at odds with the U.S., and faced ire from some EU countries who felt it gave too much away. Ribera's role at the helm of Spain's green agenda is on the line after a snap election on Sunday ended with gridlock. The EU wants to pass at least two more green policies before EU elections next year - the nature law and electricity market reforms. Spain - whose current government typically backs ambitious EU climate policies - holds the EU's rotating presidency, and will chair EU countries' negotiations on all new laws until 2024.

Persons: gridlock, Frans Timmermans, Michael Bloss, Timmermans, Teresa Ribera, Linda Kalcher, Ribera's, She's, Kalcher, Ribera, Emmanuel Macron, Pablo Simon, Carlos, Kate Abnett, Pietro Lombardi, Jonathan Oatis Organizations: EU, European, UN, Green, U.S, SECOND, gridlock, People's Party, Carlos III University, Thomson Locations: Spain, lurch BRUSSELS, Dutch, Santiago, Chile, Ribera, Europe, Italy

☆ Heatwave-linked pollution sees Spanish city urge less car use
▼ + stars: | 2023-07-19 | by ( ) www.reuters.com time to read: +2 min

[1/2] SpainÕsÊMinister for Ecological Transition and Vice-president Teresa Ribera rides a bicycle to the meeting of European environment ministers, in Valladolid, Spain, July 10, 2023. Spain, like many parts of the world, is enduring a heatwave that has seen some towns and regions break maximum temperature records in recent days. Valladolid also plans to reroute bike and bus lanes to improve congested traffic, denying claims by cycling groups that it is a covert way to shorten them. It called on vulnerable groups such as people with asthma or other respiratory conditions to make sure they took their medication and to consider reducing open air activity. Reporting by Charlie Devereux and Belen Carreño; additional reporting by Emma Pinedo, Editing by Alexandra HudsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Teresa Ribera, Charlie Devereux, Belen Carreño, Emma Pinedo, Alexandra Hudson Organizations: Spanish Environment Ministry, REUTERS, People's Party, Vox, Reuters, Alexandra Hudson Our, Thomson Locations: Valladolid, Spain, MADRID, Spanish, Europe

☆ Spain's vice president describes a 'challenging situation' amid extreme heat
▼ + stars: | 2023-07-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSpain's vice president describes a 'challenging situation' amid extreme heatTeresa Ribera, Spain's vice president and minister for ecological transition, discusses the country's response to the intense heatwave and drought.

Persons: Teresa Ribera Locations: Spain's

☆ Climate change is at the heart of the Spanish general election
▼ + stars: | 2023-07-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailClimate change is at the heart of the Spanish general electionThe election could have a "huge impact on climate policies," Teresa Ribera, Spain's minister for ecological transition, tells CNBC's Charlotte Reed ahead of Sunday's national vote.

Persons: Teresa Ribera, Charlotte Reed

With polls indicating a PP/Vox coalition government as the most likely outcome of next Sunday's national election, the reversal signals what could be a broader shift in Spain's climate change policy. "We are going to continue building bike lanes," he told Reuters. Vox has also pledged to repeal Spain's climate law, which establishes an obligation to create LEZs in cities. "Bike lanes have to be useful and not generate social alarm, so each municipality has to analyse the most appropriate location," a PP official told Reuters. Valladolid has been awarded 10.6 million euros to create an LEZ and about 4 million for bike lanes.

Persons: Teresa Ribera, Vox, Alberto Gutierrez, Miguel Diaz, Santiago Abascal, Pedro Sanchez, Sanchez, Cristina Monge, LEZs, Carmen Moriyon, Frans Timmermans, Belén Carreño, Pietro Lombardi, Andrei Khalip, Charlie Devereux, Angus MacSwan Organizations: People's Party, Elche, Vox, Reuters, United Nations, Socialist, University of Zaragoza, EU, Brussels, Cars, European Environment Agency, Thomson Locations: MADRID, VALLADOLID, Valladolid, Gijon, Castello, Europe, Spain

But at the same time, EU countries have increased their overall purchases of Russian LNG, undermining the bloc's pledge to end its use of Russian fossil fuels by 2027. Russian LNG exports by region Russian LNG exports by regionEU analysis found Russian LNG imports increased to 22 billion cubic metres (bcm) last year, up from 16 bcm in 2021. Belgium and Spain nearly doubled their imports of Russian LNG in the 12 months since Russia invaded Ukraine, analysis by Kpler showed. The Netherlands has eliminated its Russian pipeline gas imports since the war and reduced, but not eliminated, Russian LNG imports. TO BAN OR NOT TO BANHalting Russian LNG imports would be double-edged, analysts say.

☆ EU countries approve 2035 phaseout of CO2-emitting cars
▼ + stars: | 2023-03-29 | by ( Kate Abnett | ) www.reuters.com time to read: +3 min

The approval from EU countries' energy ministers means Europe's main climate policy for cars can now enter into force - after weeks of delay caused by last-minute opposition from Germany. The EU law will require all new cars sold to have zero CO2 emissions from 2035, and 55% lower CO2 emissions from 2030, versus 2021 levels. The EU policy had been expected to make it impossible to sell combustion engine cars in the EU from 2035. "The direction of travel is clear: in 2035, new cars and vans must have zero emissions," EU climate policy chief Frans Timmermans said. Germany's late intervention, after EU countries and lawmakers had already agreed the 2035 phaseout last year, irked some EU diplomats, and stoked concerns that governments may try to block other carefully-negotiated deals on climate policies.

MADRID/PARIS/STOCKHOLM, March 2 (Reuters) - France and Spain are poised to announce a breakthrough this week in a long-running impasse over hefty costs of what would be their first undersea electricity link, a minister and sources in both countries told Reuters. That was due to unforeseen seabed instability on the French side that required costly re-routing, and rising costs of raw materials. Spain is a growing producer of renewable energy that it exports to France and it wants its neighbour to pay most of the extra costs. That had led to disagreement amid wider tensions between them about pipeline connections and protectionism. Spanish sources said the go-ahead would likely mean that France, whose nuclear power industry has been beset by problems, finally agreed to pay more.

☆ Spain to ask EU for extension to Iberian gas price cap until end 2024
▼ + stars: | 2023-01-09 | by ( ) www.reuters.com time to read: +1 min

"We would like the gas cap to stay within the lower end of the range, about 45 or 50 euros per megawatt hour, extending it at least until the end of 2024," she added. Ribera said the EU's power grid needs to be reformed to reduce price volatility and make electricity cheaper. She added that mild temperatures in autumn and early winter had helped lower prices and support gas storage levels across Europe. Electricity prices in Spain have fallen steadily since they peaked in August, partly due to higher wind energy production. For a few days in October, the gas cap did not apply as prices were below the 40 euros ($42.70) per MWh mechanism trigger price.

Their agreement to talk again about climate thawed relations frozen earlier this year after U.S. House Speaker Nancy Pelosi angered China by visiting Taiwan. Teresa Ribera, Spain's climate minister, said she was hopeful that the rapprochement would energise negotiations. “This unequivocal signal from the two largest economies to work together to address the climate crisis is more than welcome; it’s essential," Bapna said. Heading into the last week of the two-week conference progress has been slow, frustrating negotiators who are struggling to find consensus on how rich countries should help developing nations meet the cost of climate-fuelled disasters. The outcome on that issue, referred to in climate talks as "loss and damage", could define the perceived success or failure of the COP27 talks.

☆ Barcelona-Marseille pipeline could take 4-5 years to build, Spain says
▼ + stars: | 2022-10-21 | by ( David Latona | ) www.reuters.com time to read: +3 min

The joint project between Spain, Portugal and France, agreed on Thursday and dubbed BarMar, replaces the cross-Pyrenees MidCat pipeline that Spain had said could be ready by 2023 but was vetoed by France. All three countries said the pipeline should also temporarily allow for the transport of some natural gas to help alleviate Europe's supply problems stemming from Russia's invasion of Ukraine. She added that the connections between Spain and France, as well as between the entry point in Marseille and the hydrogen pipeline network in central Europe, are yet to be completed. Fernando Garcia, a London-based utilities analyst at RBC Capital Markets, said the BarMar route would "clearly" not fix Europe's short-term supply woes. The BarMar pipeline would also substitute an underwater gas link between Spain and Italy that was once considered, Ribera told Spanish TV station Antena 3 earlier on Friday.

☆ France's EDF gives notice of 24-hour strike from Oct. 18
▼ + stars: | 2022-10-18 | by ( ) www.reuters.com time to read: 1 min

Spain extends cap on regulated gas price rises for small-scale users, article with imageClean Energy · October 18, 2022 · 1:43 PM UTCSpain will extend a cap on regulated gas price increases for households and small and medium-sized companies by a year until end-2023 to help them cope with soaring energy prices, Energy Minister Teresa Ribera said on Tuesday after a cabinet meeting.

☆ All you need to know about the Nord Stream gas leaks — and why Europe suspects 'gross sabotage'
▼ + stars: | 2022-10-11 | by ( Sam Meredith | ) www.cnbc.com time to read: +5 min

An initial crime scene investigation last week into what caused the gas leaks on the Nord Stream 1 and 2 pipelines reinforced suspicions of "gross sabotage." The explosions triggered four gas leaks at four locations — two in Denmark's exclusive economic zone and two in Sweden's exclusive economic zone. Neither of the Nord Stream pipelines was transporting gas at the time of the blasts, although they both contained pressurized methane — a potent greenhouse gas. A satellite image of the Nord Stream leak in the Baltic Sea, captured on Sept. 26, 2022. Environmental impactThe unexplained Nord Stream gas leaks pose serious questions about the incident's environmental impact.

☆ Spain says Nord Stream gas leaks likely a deliberate act — and points the finger at Russia
▼ + stars: | 2022-09-29 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

BORNHOLM, DENMARK - SEPTEMBER 27: Danish Defense shows the gas leaking at Nord Stream 2 seen from the Danish F-16 interceptor on Bornholm, Denmark on September 27, 2022. Spanish Energy Minister Teresa Ribera said Thursday that the damage caused to the two subsea Nord Stream gas pipelines was likely an intentional attack linked to the Russian government. The cause of the gas leaks is not yet known. The Nord Stream 1 and 2 gas pipelines connect Russia to Germany via the Baltic Sea. Seismologists on Monday reported explosions in the vicinity of the unusual Nord Stream gas leaks, which are situated in international waters but inside Denmark's and Sweden's exclusive economic zones.

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