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Spain's Sagacious & Stalwart €9B Power Capacity Coup

The European Commission has approved Spain's nine billion euro power capacity support scheme, one of the largest of its kind in Europe. The scheme ensures reliable backup electricity generation as Spain rapidly expands its wind & solar capacity toward an eighty-one percent renewable target by twenty thirty. It is open to gas turbines, hydroelectric plants, battery storage, & demand response technologies. Spain's energy-intensive industries, including steel, will benefit from greater electricity price stability & supply security under the new framework

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