Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Headlines
    3. >Portugal's power exchanges with Spain remain suspended amid blackout probe
    Headlines

    Portugal's Power Exchanges With Spain Remain Suspended Amid Blackout Probe

    Published by Global Banking & Finance Review®

    Posted on May 2, 2025

    2 min read

    Last updated: January 24, 2026

    Add as preferred source on Google
    Portugal's power exchanges with Spain remain suspended amid blackout probe - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    Portugal stops power exchange with Spain amid blackout investigation, emphasizing energy independence. The cause of the outage is under joint investigation.

    Portugal Halts Power Exchange with Spain During Blackout Probe

    LISBON (Reuters) -Portugal is supplying electricity to clients from its own sources as power exchanges with Spain remain suspended amid an inquiry into the causes of a blackout earlier this week, the energy minister said on Friday.

    Spain suffered a catastrophic outage in its electricity grid on Monday, which also provoked an outage across Portugal which was importing cheaper renewable energy from its neighbour.

    "For now, we continue without exchanging electricity with Spain as a precaution, showing the independence we have at the moment," acting Energy Minister Maria da Graca Carvalho told reporters after an online meeting with her Spanish counterpart Sara Aagesen.

    "It will take some time to understand exactly what happened," she said, without saying when power exchanges could be resumed, although physical interconnections between the two countries have already been re-established.

    The minister said she had asked European Commissioner for Energy Dan Jorgensen to produce an interim report "much more quickly" than the six months usually required.

    She said the authorities still had "no idea" what caused the outage, with millions of bits of data yet to be analysed by independent experts in Portugal, Spain and Europe.

    The two countries have agreed to jointly identify the causes of the blackout and measures to prevent such outages in the future, Aagesen said separately.

    Da Graca Carvalho said Portugal would make an effort to make its electricity system more resilient and for it to recover more quickly from an outage, after it took 10 hours on Monday, which was already "an exemplary recovery".

    "No one can be 100% protected from an event of this kind".

    (Reporting by Sergio Goncalves; editing by Andrei Khalip, Kirsten Donovan)

    Key Takeaways

    • •Portugal suspends electricity exchange with Spain after blackout.
    • •Energy independence highlighted by Portugal's response.
    • •Investigation into blackout causes is ongoing.
    • •Portugal and Spain collaborate to prevent future outages.
    • •Efforts to improve electricity system resilience underway.

    Frequently Asked Questions about Portugal's power exchanges with Spain remain suspended amid blackout probe

    1What is the main topic?

    The article discusses Portugal's suspension of power exchanges with Spain amid an investigation into a recent blackout.

    2Why was the power exchange suspended?

    The exchange was suspended as a precaution during an investigation into the blackout affecting both countries.

    3What are Portugal's plans for future outages?

    Portugal aims to make its electricity system more resilient and recover more quickly from outages.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Ukrainian drones kill two in Russian border region of Belgorod, governor says
    Ukrainian Drones Kill Two in Russian Border Region of Belgorod, Governor Says
    Image for Iran wants Lebanon included in any ceasefire, sources say
    Iran Wants Lebanon Included in Any Ceasefire, Sources Say
    Image for Vance due to visit Hungary on April 7-8 ahead of key election, say sources
    Vance Due to Visit Hungary on April 7-8 Ahead of Key Election, Say Sources
    Image for Belgian police break up migrant smuggling network, four people arrested
    Belgian Police Break up Migrant Smuggling Network, Four People Arrested
    Image for Russia sought to blackmail US using intelligence to Iran, Zelenskiy says
    Russia Sought to Blackmail US Using Intelligence to Iran, Zelenskiy Says
    Image for Italy's tourism minister resigns, ending standoff with PM Meloni
    Italy's Tourism Minister Resigns, Ending Standoff With PM Meloni
    Image for In Lebanon, paramedics mourn their own killed in Israeli strike
    In Lebanon, Paramedics Mourn Their Own Killed in Israeli Strike
    Image for Italy tourism minister resigns, obeying PM Meloni
    Italy Tourism Minister Resigns, Obeying PM Meloni
    Image for Swiss prosecutors not involved with Paris probe at bank Edmond de Rothschild
    Swiss Prosecutors Not Involved With Paris Probe at Bank Edmond De Rothschild
    Image for Lost remains of French musketeer d'Artagnan may have been found in Dutch church
    Lost Remains of French Musketeer d'Artagnan May Have Been Found in Dutch Church
    Image for Doctors in England plan six-day strike after government pay offer rejected
    Doctors in England Plan Six-Day Strike After Government Pay Offer Rejected
    Image for Soccer-Man sentenced for racist abuse of England defender Carter
    Soccer-Man Sentenced for Racist Abuse of England Defender Carter
    View All Headlines Posts
    Previous Headlines PostAt Least Eight Hurt After Car Drives Into Crowd in German City of Stuttgart
    Next Headlines PostPrince Harry Wants Reconciliation With Royals but Says King Charles Not Speaking to Him