Her Eleftherias Kourtali Europe’s energy crisis will have a longer-term impact, especially on inflation in 2022, than many expect, as Barclays notes in a report on the major issues that will dominate in 2022. In addition to the sharp rise in spot prices in December In recent days, energy prices could remain high for a […]
Tag: energy crisis
Christmas break in the energy crisis
Of Thanks to Floudopoulos There is a slight de-escalation in the prices of electricity and gas, which coincides with the Christmas holidays and the reduction of demand. For today, wholesale prices fell in Germany by 34% to 196 euros, in France by 23% to 319 euros, in Bulgaria by 48% to 177 euros and in […]
K. Skrekas: The energy crisis will cost European consumers over € 350 billion in 2022
The Minister of Environment and Energy, Costas Skrekas, participated today in the meeting of the Council of Ministers of Environment of the EU. held in Brussels. Mr. Skrekas stressed that the Council is taking place at an extremely critical time, due to the large price increases in the cost of electricity and gas. He reiterated […]
Energy ‘nightmare’: New gas-electricity boom in Europe amid cold
Europe is preparing for energy shortages in the midst of the first winter cold, which pushes demand and sends prices even higher, at a time when supply can not keep up, according to Bloomberg. Temperatures are expected to fall below 0 degrees Celsius in many European capitals during the week, requiring quantities of electricity from […]
K. Skrekas: € 350 billion in energy increases will be paid by European citizens in 2022
LAST UPDATE: 11.39 The need to mobilize against the energy crisis at a pan-European level, was reiterated today by the Minister of Environment and Energy K. Skrekas, attending the current Council of Environment Ministers in Brussels. Mr. Skrekas stressed that if the market forecasts are verified, European citizens will be asked to pay up to […]
A new record in the price of gas, the energy crisis continues unabated
By Harry Floudopoulos The stock market price of natural gas set a new record yesterday, breaking the barrier of 130 euros / MWh. As the price of gas directly affects the electricity market, similar increases are recorded in the wholesale price of electricity across Europe. It is characteristic that in France the average price for […]
The government is preparing new measures for energy costs
By Harry Floudopoulos The energy crisis and the derailment of electricity and gas prices are currently one of the biggest problems the government has to deal with, beyond the pandemic crisis. Households and businesses are faced with unusually high energy bills as a result of the international price explosion. And as the futures for electricity […]
RAE estimates that in December there will be a decline in energy prices
The assessment that the prices of electricity in December will be lower than in the previous month (November) was expressed by the President of the Energy Regulatory Authority Athanasios Dagoumas, speaking today at the conference of IENE. As he said, the contracts for the supply of natural gas in our country (which decisively affects the […]
D. Papalexopoulos (SEV): Pandemic, energy crisis and inflation threats to the economy
By Harry Floudopoulos Pandemic, energy costs and inflation are the main threats to the economy, according to SEV President Dimitris Papalexopoulos. As he mentioned a moment ago, despite the progress that has been made, they have not yet managed to go out into the clearing and control the pandemic. He added that we need patience […]
The price of emission allowances at an all-time high (€ 70 per tonne) as Europe burns coal
Europe is increasingly dependent on coal to keep its lights and heaters on, driving polluting prices to a record high. Prices have exceeded 70 euros for the first time in history as utility companies turn to the most “dirty” of fossil fuels. Power plants in the UK have been burning more coal since the beginning […]
