Spain holds power prices low as oil surge drags copper to three-month low - Mar 19, 2026

Prysmian Daily News Update · Mar 19, 2026 · 2m

As of March 19, today’s news highlights escalating tensions in the Middle East and their ripple effects on global energy prices, alongside Spain's resilience amid the Iranian oil shocks. Spain continues to garner praise for its strategies to mitigate the impact of soaring energy prices linked to geopolitical stress, Financial Times reported. The country’s reliance on renewable energy has led to comparatively low electricity prices, which are forecasted at around €66 per megawatt-hour for the remainder of the year. This achievement has been attributed to a favorable mix of renewables and a…