Business · Energy & Commodities · 4 hrs ago
CEOE urges parties to cut Spain’s energy costs by €25.7bn
Spain’s business group CEOE is urging political parties to adopt a long-term plan to lower energy bills as energy costs rise amid conflict in the Middle East.
The group says Spanish energy-intensive industries pay more than those in France and Germany, despite Spain’s relatively competitive wholesale electricity prices.
CEOE wants changes to regulated charges, taxes and market adjustment costs, including shifting some costs away from electricity bills.
It estimates the proposals could save households and businesses €25.7 billion over five years, with bills falling by 16% to 41%.
The group says the plan could also boost Spain’s economy, adding €26.3 billion to GDP by 2032 compared with taking no action.
CEOE proposes phasing in the measures through state budget changes worth nearly €27 billion from 2027 to 2031.
Political parties would need to decide whether to adopt the proposals; no decision is described.
CEOE urged political parties to adopt a structural plan to reduce energy costs for Spanish households and businesses.
The employers’ group estimates its proposals could save consumers €25.73 billion over five years.
It says the measures could lower bills by 16% to 41% and boost Spain’s GDP by €26.31 billion by 2032.
The plan includes changing how regulated charges are funded, reducing electricity and gas taxes, and exempting energy-intensive industry from grid charges.
- Who
- CEOE is urging political parties to act.
- What
- It proposes structural changes to cut energy costs, estimating consumer savings of €25.73 billion over five years.
- When
- The report was published on 18 October 2026. The proposed budget adjustments would run from 2027 to 2031.
- Where
- Spain.
- Why
- CEOE says high regulated charges, taxes and electricity system adjustment costs leave Spanish industry paying more than counterparts in France and Germany.
This story does not have two clearly opposing sides.
Spanish energy-intensive industry paid 38% more for electricity than French industry and 14% more than German industry.
CEOE proposes phased budget adjustments worth nearly €27 billion.
CEOE estimates Spain’s economy would have generated €26.31 billion more than in a scenario without the measures.
- Estimated consumer savings
- €25.73 billion over five years
- Estimated bill reductions
- 16% to 41%
- Proposed budget adjustments
- Nearly €27 billion from 2027 to 2031
- Estimated additional GDP by 2032
- €26.31 billion
- Electricity price difference on 14 September
- Spanish energy-intensive industry paid 38% more than France and 14% more than Germany
What people are saying
according to European doctrine itself, they should not be financed through the bill, but can be shared across society, as they benefit society as a whole, not only the consumer