because gas and electricity rates fly- Corriere.it

because gas and electricity rates fly- Corriere.it
because gas and electricity rates fly- Corriere.it

Electricity and gas bills increased with a definitive increase of 9.9% for the electricity bill and 15.3% for the gas bill in the third quarter of 2021 for the typical family under protection. But why are the rates rising so much? Arera, the Energy Authority, explains this in its statement in which it precisely analyzes the reasons behind the increases announced on Thursday evening (which also have to do with the pandemic). In fact, after the declines in raw materials during Covid-19, a strong growth in the prices of the main energy raw materials has been underway for some time, in particular the European gas prices which grew by more than 30% in the second quarter of 2021 compared to first and are increasingly correlated with the price of CO2 which, in the current month, stood at over 50 € / tCO2, also due to expectations of a possible strengthening of current EU policies for the containment of harmful greenhouse gas emissions.

These increases are having repercussions on tariffs and final consumer prices not only in Italy but also in other European countries, such as Spain and France. But the sharp increase in prices – which have been growing steadily since the beginning of the year due to the recovery of the economies – and the sharp rise in the prices of CO2 emission permits, could have led to an even higher increase (of about 20% of the ‘electricity) if the government had not intervened with an emergency measure to reduce the need to collect general charges in the next quarter’s bill.

The Authority, in fact, using the regulatory levers, consequently reduced the general charges for the quarter July-September, implementing a strong reduction of the general charges relating to the support of renewable energy (ASos), as well as a further reduction also of the remaining charges general (Arim), in particular those for the promotion of energy efficiency. Without the decree – explained the ARERA president, Stefano Besseghini – the increase in bills would have been much heavier. Taking into account the international trend towards the increase in the prices of raw materials and the European choices regarding the limitation of greenhouse gases, it appears even more important to consolidate the use of the proceeds from auctions of CO2 emission permits to contain bills.

Source

gas electricity rates fly Corriereit

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