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SPAIN-POWER/
RTX16SGE
23 Dec. 2013
Bulbs hang inside an electricity store in Madrid December... more
SPAIN-POWER/
RTX16SGE
23 Dec. 2013
Madrid, Spain
Bulbs hang inside an electricity store in Madrid December 23, 2013. There were clear signs of manipulation at a Spanish wholesale power auction used to set household bills that was later annulled by the competition authorities, the Industry Minister said in an interview published on Saturday. The quarterly auction of wholesale electricity on December 19 recorded a sharp jump in price, which would have translated to a 10.5 percent rise in power bills, prompting the regulator to annul the auction. REUTERS/Andrea Comas (SPAIN - Tags: BUSINESS)
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