Spain, Portugal emerge as ‘energy island’ in Europe’s crisis
Published on: Tuesday 29 March 2022
BARCELONA, Spain (AP) — Amid the mayhem provoked in the world energy market by Russia's invasion of Ukraine, Spain and Portugal have emerged in a strategically advantageous position as an “energy island” in Europe, with a relatively low reliance on Russian natural gas. Leaders in renewable energy thanks to solar, wind and hydraulic power, Spain and Portugal are now poised to reap the benefits of long-term investments in liquefied natural gas, or...
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