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SPAIN-POWER/
RTX16PRC
December 20, 2013
A danger signpost is attached on a fence at Fecsa (property of Endesa) electrical facilities in Barcelona...
Barcelona, Spain
A danger signpost is attached on a fence at Fecsa electrical facilities in Barcelona
A danger signpost is attached on a fence at Fecsa (property of Endesa) electrical facilities in Barcelona December 20, 2013. Spain is looking for a new way to set electricity prices after a double-digit spike at a wholesale auction threatened a painful rise in household bills, the prime minister said on Friday, a move that could hit the country's utilities. Spain's competition watchdog CNMC had previously annulled the results of a quarterly auction of wholesale electricity, in which prices logged a big jump that could have translated into a 10.5 percent rise in power bills. The signal reads "high voltage, danger of death". REUTERS/Albert Gea (SPAIN - Tags: POLITICS BUSINESS)
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