Renewable Repsol

REPSOL has started producing electricity at its first renewable project in Castilla y Leon, named PI. Located in the provinces of Palencia and Valladolid, it consists of seven wind farms which will have a total installed capacity of 175 MW once completed.

The company has success- fully completed the grid connection of the first wind turbines. These turbines, located at the La Serna wind farm in the town of Cigunuela in the province of Valladolid, are already feeding 100 per cent renewable energy into the grid on a trial basis.

Once the seven PI wind farms enter commercial operation, they will produce 596 GWh of renewable energy per year, equivalent to the average annual consumption of 170,900 households, ie some 427,250 people, which is equivalent to more than the combined population of Valladolid and Palencia.

Ayuso broke away from the mayor of Barcelona, Ada Colau’s decision to break ties with the middle eastern nation over its occupation of Israel.

Ayuso said that Colau’s decision does not represent either Catalonia or Spain, describing Madrid as “welcoming”.

Speaking with the President of Israel, Isaac Herzog, Ayuso said “We are not in a time where we should be breaking relations with anyone, particularly with a democratic nation like Israel.”

Pensions is a topic dear to all our hearts. It represents a lifetime of professional effort, but also the rewards should be the fulfilment of that hard work to see us comfortably through our retirement years.

But it can be complicated, can’t it?

1) UK State Pension

To qualify for the full UK state pension you must have paid UK national insurance contributions for 35 years. Otherwise, provided you contributed for 10 years, the amount you receive is based prorata on how many years you secured. It is possible to make voluntary contributions to buy back six years to reach the 10.

If you are resident in Spain, your UK state pension is paid gross and taxed in Spain.

2) Defined Benefit and Defined Contribution pensions

People who worked for UK companies long term often have traditional company pensions called ‘defined benefits’ or ‘final salary’, where the accrual of benefits is based on the number of years worked for the company and your final salary.

However, since they created a massive ongoing liability for com