Of Thanks to Floudopoulos As the holiday season wears off and activity returns to normal, electricity prices are on the rise again, putting new pressure on households and businesses across Europe. So for today the wholesale price of electricity in Central Europe is at the level of 240 to 260 euros / MWh, with the […]
Tag: current increases
The energy crisis is extinguishing industrial chimneys in Greece and Europe
By Harry Floudopoulos The energy crisis is leading to the extinction of industrial chimneys, as particularly energy-intensive industries are unable to bear the burden of extreme electricity and gas prices. In fact, the problem becomes even more acute as December was the month with the highest prices ever recorded in the domestic electrical system. The […]
Turkey: 2022 brought electricity prices up to 125%
LAST UPDATE: 13:01 Turkey sharply increased electricity prices for households and businesses on Saturday, while raising monthly gas bills again, intensifying pressures on an economy facing a sharp rise in headline inflation. According to Reuters, the Energy Market Regulatory Authority said that electricity prices increased by about 50% for households with lower demand by 2022, […]
Italy: Record increase in electricity and gas in the first quarter of 2022
According to the latest calculations, in the first quarter of 2022 the increases of gas and electricity in Italy will reach, respectively, 41.8% and 55%. The Draghi government tried to reduce price increases by allocating 3.8 billion euros. Without this state intervention, the increase of natural gas would have reached 59.2% and of electricity 65%. […]
A new system of subsidies for electricity bills is coming – At 1.5 to 2 billion euros the cost
By Harry Floudopoulos Immediately after the holidays, the official announcements are expected to be made by the Ministries of Energy and Finance, regarding the new subsidy system for electricity bills. The new aid package is expected to total € 1.5 billion to € 2 billion and will affect both households and businesses. According to information, […]
KINAL asks for a price cap for protective masks
The Movement for Change, in an announcement, strongly criticized the Minister of Development, Adonis Georgiadis, stating that “although it finds speculation in the market of protective masks, but does not use the legislative tools that have been voted to protect consumers from unjustified price increases. “. The Movement for Change adds that the government of […]
Ad. Georgiadis: Coordinated action is needed on energy prices
“Coordinated action is needed,” notes Development and Investment Minister Adonis Georgiadis in a twitter post on rising energy prices. Specifically, he states: “Energy prices have gone unimaginably. An obvious geopolitical game with Natural Gas is leading the EU economy into crisis. Greece does not have the most expensive prices, as you can see, but at […]
Derailment: Electricity prices exceed 400 euros / MWh across Europe – Brussels’s responsibilities are huge
Of Thanks to Floudopoulos One after another, the records of energy accuracy are broken, as the unprecedented energy crisis that affects the whole of Europe, including our country, continues unabated. For today, in fact, all the counters are broken in terms of wholesale electricity prices as in all of Europe, with the exception of just […]
What is the benefit to the electricity bill of the new grant?
Of Thanks to Floudopoulos The subsidies announced by the Prime Minister last Saturday come to cover a significant part of the increases in electricity for most consumers. The ones that are most covered are the small and medium consumption, which will be called upon to pay small increases, while the higher the consumption, however, the […]
Scenarios about the price of electricity are frightening
Of Thanks to Floudopoulos As the stock market price of natural gas sets a new record, the wholesale electricity market throughout Europe, including Greece, is on fire. According to official figures, in all of Europe except Poland, the price of electricity exceeds 300 euros / megawatt-hour, reaching up to 360 euros / megawatt-hour in Switzerland. […]
