Square D/Schneider Electric ratifies new 3-year labor deal
PALATINE, ILLINOIS - Square D/Schneider Electric announced that all nine bargaining units located at seven of its manufacturing facilities in the United States have ratified a new three-year labor contract.
The contract was ratified in local union votes taken over the past few days.
Negotiations for the contract involved three international unions: the International Association of Machinists and Aerospace Workers (IAM&AW), the International Brotherhood of Electrical Workers (IBEW) and the International Brotherhood of Teamsters (IBT).
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Electricity in Spain is 682.65% more expensive than the same day in 2020
MADRID - Electricity in Spain's wholesale market will rise in price once more. Once again, it will set a historical record in Spain, reaching €339.84/MWh. With this figure, it is already the fifth time that the threshold of €300 has been exceeded.
This new high is a 6.32 per cent increase on today’s average price of €319.63/MWh, which is also a historic record. Monday’s energy price will make it 682.65 per cent higher than the corresponding date in 2020, when the average was €43.42.
According to data published by the Iberian Energy Market Operator (OMIE), Monday’s maximum will be between the hours of…
