Spanish energy companies Iberdrola and Endesa have publicly advocated for the extension of nuclear power as a solution to the current energy crisis, which has been intensified by recent geopolitical events in the Middle East. The conflict involving the United States and Israel has led to a significant rise in oil, gas, and electricity prices globally, raising concerns over inflation and overall economic stability. In light of rising energy prices caused by the impacts of warfare, the companies argue for the nuclear option as a means to enhance energy autonomy and reduce reliance on foreign hydrocarbons.

The two companies emphasize the need for a strategic approach to energy production, urging stakeholders to consider insights from leaders and experts before implementing “radical” decisions regarding energy policy. They see the extension of nuclear energy capabilities in Spain as essential to ensuring not just the viability of energy supply, but also as a necessary step towards safeguarding economic stability against the backdrop of increasing prices driven by international conflicts, particularly those affecting oil supplies.

This call for nuclear energy expansion highlights a pivotal moment for Spain’s energy policy, as the country must navigate the complexities of ensuring energy security while addressing climate commitments. By prioritizing nuclear power, Iberdrola and Endesa are advocating for a method that they believe can simultaneously manage energy independence and economic pressure, but also require careful public discourse to align with Spain's broader environmental goals.