> Any move towards greening these new state
> assets? Or at the very least, putting the energy-rents into an SWF?
>
Greening?. there's some small-scale wind farms and a law promoting renewables, but very small scale, still.
Sadly govt looks at nuclear with a 'national technology development' and 'energetic independence' angle. That is a 1950s midset. So, if any renewables push happens, it will be in parallel with, not instead of, nuclear.
SWF plans: None that I know of.
The move was driven by Repsol's low investment in exploration while it boosted its exports (and profits) while promising to invest more in exploration -which never happened-, that left the country with dwindling reserves and booming costs due to required energy imports to sustain the current economic growth.
FC