Her Eleftherias Kourtali In a new report, the rating agency examines some of the major issues of the economy and markets in the new year, with the energy crisis and the spike in inflation being the biggest “headache” for governments, consumers and central banks. In terms of energy, the house says that volatile and record […]
Tag: energy crisis
Energy crisis: Today the announcements of new support measures
New support measures for households and businesses from the effects of the international energy crisis will be announced at 10 in the morning by the Minister of Environment and Energy, Costas Skrekas. The new support measures decided by the government for households and businesses, due to the price increases caused by the international energy crisis, […]
December electricity bills are coming – Today the announcements of the new support measures
LAST UPDATE: 08.30 By Harry Floudopoulos New increases are expected to be seen in December electricity bills, households and businesses. This is because, according to official data published by the Energy Exchange, the wholesale price of electricity last month moved up, reaching record levels, at 235.38 euros / MWh. This means that the wholesale clauses […]
Fire bills are coming for the December stream
LAST UPDATE: 08.30 By Harry Floudopoulos New increases are expected to be seen in December electricity bills, households and businesses. This is because, according to official data published by the Energy Exchange, the wholesale price of electricity last month moved up, reaching record levels, at 235.38 euros / MWh. This means that the wholesale clauses […]
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 […]
Meeting under K. Mitsotakis for the further strengthening of households and businesses from the effects of the energy crisis
A meeting under Prime Minister Kyriakos Mitsotakis was held today at the Maximos Palace, with the aim of assessing the situation in the international energy market and taking additional support measures for households and businesses for January 2022. The meeting was attended by the Minister of Environment and Energy Costas Skrekas, the Ministers of State […]
Electricity and gas prices are falling
By Harry Floudopoulos The arrival of liquefied natural gas (LNG) cargo from the United States creates new data for Europe’s energy markets. Yesterday, the price of natural gas recorded a new decline of 12% to 84.9 euros / MWh as LNG cargoes originally destined for Asia arrived on the market. Combined with the mild weather […]
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, […]
The government is preparing a package of measures to strengthen industry
By Harry Floudopoulos The energy crisis is directly affecting the operating costs of the industry, with the result that many industries are faced with huge increases, which will inevitably be passed on to the costs of their products, if energy costs are not reduced in the immediate future. The problem is more acute for energy-intensive […]
US LNG ‘relieves’ Europe – Gas and electricity are falling
Europe’s gas fell for a fourth straight day on Monday as US liquefied natural gas (LNG) supplies eased an extremely “pressed” market, with traders incorporating milder-than-expected forecasts and developments into their estimates. around the Omicron mutation. Gas had reached historic highs of 180 euros per megawatt hour last Tuesday, mainly due to the extremely low […]
