Basque employers ask the Spanish Government to reconsider the energy price decree

The Basque employers Confebask, and those of Gipuzkoa, Bizkaia and Álava, have expressed to the Government of Spain their opposition to the decree of urgent measures to mitigate the rise in the price of energy and they have asked to reconsider it due to its “very negative” impact on Basque industry.

Confebask and its territorial associations Adegi, Cebek and Sea, have sent a letter to the third vice president and Minister of Ecological Transition of the Spanish Government, Teresa Ribera, in that the warn of the “very negative” consequences that the approval of said decree-law will have for Basque industry.

In the letter, the presidents of Confebask, Eduardo Zubiaurre; Adegi, Eduardo Junkera; Cebek, Carolina Pérez Toledo, and Sea, Pascal Gómez, convey to the third vice president their “position contrary to this measure.”

The presidents of the four business organizations of the CAV remind Teresa Ribera that “the cost of energy is a fundamental factor for the competitiveness and viability” of Basque companies.

Thus, they consider that the creation of a new rate for all non-emitting electrical energy, proportional to the rise in the cost of gas, “is going to have a very negative impact on our electricity costs.”

For the four employers’ associations of the Basque Autonomous Community “this new rate implies, clearly, a modification of the rules of the game, affecting both the contracts that companies have already signed at prices lower than those of the current market, as well as the future contracting of electricity that will be subject to price volatility “.

“All of this clearly means alter the rules of the game pre-existing “, they emphasize.

The top representatives of Confebask, Adegi, Cebek and Sea conclude that “companies in the Basque Country need, today more than ever, a stable and well-known regulatory environment, even more so in these moments of the beginning of economic recovery after the effects of the pandemic” .