Despite government interventions, high energy prices due to gas and electricity prices will hit hard again next autumn

Gli aumenti dei prezzo del gas e, di conseguenza dell’energia The increases in gas and, consequently, electricity prices will have a major impact on domestic consumers and businesses as early as 1 October.

An impact that the Energy Authority has estimated at +100% compared to the current bill cost.

We are now at 2 euro per cubic metre and today each family spends 70-80% more on gas than a year ago (gas prices in the last month are around 180 €/MWh, with peaks over 200 euro).

The surge in the price of gas on the Amsterdam gas exchange is evident: it has risen from around EUR 84 at the beginning of July to over EUR 190 in the first days of August. This is 10 times the average price of the last five years.

With these prices, even with the government’s planned interventions to reduce these variations, cost variations that have never occurred could not be avoided. These costs would be difficult to bear for all consumers, not only households, with potential repercussions on the resilience of the entire supply chain.

There are several reasons for this rise, starting with the war in Ukraine and not least speculation. Then with the crisis of methane supplies from Russia, there is the rush of European countries, especially in recent weeks, to fill their reserves for the winter, which has driven up the price of gas.

The intervention of the European Commission with the package ‘Saving gas for a safe winter’ certifies all the criticality of the moment for companies: to reduce gas demand by 15% in the period between 1 August 2022 and 31 March 2023 for all member states. The Italian government, on the other hand, declared that it wants to achieve gas savings of 7%.

This situation is clearly reflected in our industry, because through photovoltaics it is possible to curb electricity costs and contain market fluctuations, there are so many requests, from private individuals and companies, and the need, on our part, is to carry out timely planning, to avoid not meeting requests. That the change is urgently needed is also clear from the fact that we are currently already planning the calendar for 2023.