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Interesting - Aurora on the Iberian mechanism.

The mechanism caps wholesale market prices for fossil power plants, and recovers cost of cap on electricity consumers.

It does suppress electricity prices for ES and PT consumers, compared to DE/FR. But fossil gas use has increased significantly, adding to international LNG demand.

H/T @fbeirao

#electricityprice #iberianmechanism #energymastodon #GasCrisis #energymarkets

Last updated 2 years ago

LisaAnn · @LisaAnn
53 followers · 447 posts · Server mastodon.lol

Woohoo.

On 1st Jan my day time cost per kWh goes up to 49p from 45p but night time rate falls from 8p to 7p.

Going to have to crank the heating up even more (it's all at the night rate - storage heating)

#electricityprice

Last updated 2 years ago

Moui · @moui
99 followers · 2715 posts · Server mastodon.in.th

RT @Yozzo
The Federation of Industries has warned that product prices will rise if the government approves a planned hike from next month.

bangkokpost.com/business/24595

#thai #electricityprice

Last updated 2 years ago

Enikő Győri · @EGyori
0 followers · 469 posts · Server respublicae.eu

@Lagarde today at @EP_Economics : reform could bring down .
Let’s hope @EU_Commission will bear this in mind when coming forward with its proposal. It should be balanced and take into account Member States’ differences.

🐦🔗: nitter.eu/GyoriEniko/status/15

#electricityprice #Inflation

Last updated 2 years ago