Spain Sanctions Energy Companies Over Blackout

Iberdrola criticized the REE operator during a congressional investigation. The CNMC opened investigations against six energy companies. These companies are accused of breaking electricity laws.
A major blackout affected Spain. The investigation is looking into the cause of the blackout. The CNMC, the Spanish energy regulator, is investigating six companies. They believe REE’s actions were a serious problem. The companies are accused of breaking rules about electricity.
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Highlights
REE Criticized for Safety
REE acted ‘at the limit’ of safety during the blackout.
Investigations Against Energy Firms
The CNMC is investigating six energy companies for violations.
IEE Case is Serious
The CNMC considers REE’s case a serious violation.
Iberdrola Demands Transparency
Iberdrola wants full access to communications.
Sanctions Launched by Spain
Spain has launched sanctions against energy companies.