war between Israel and Gaza put the focus back on the topic energy. oil and gas They recorded increases international offers since the beginning of the week. So barrels of oil BrentA reference in Europe, its rise is accumulating 5.8% up to $89.5 compared to $84.25 where the session closed last Friday. Meanwhile, gas Rapidly rose in the European reference market Dutch TTF–A 40%up to 53 euros per megawatt hour (MWh).
In this case voltage geopoliticsExperts add that a piece has broken off Gas pipeline in Finland may not be operational until early 2024which will subsequently trigger such a recovery. two weeks of decline.
Its impact was felt light price, accumulating a weekly increase 28% when you settle in for this saturday 135.13 euros per MWhHE highest price recording from the beginning March. electricity price contagious Since the electricity market is managed by the state, the price of gas marginal system Accordingly, the most expensive technology is the one that determines the price of the rest, and this is usually combined cycles, gas burning or hydraulic power plants, those who use the previous ones as a reference.
This economic recovery also coincides with the US warning. International Energy Agency (IEA) A risk is expected this week The price of this raw material will increase in the coming months. “In particular, the risk of price fluctuation cold winter, This is cause for concern. Europe’s gas storage facilities entered the winter heating season at 96% capacity. However, this does not guarantee that prices will be stable throughout the season, especially in exceptionally cold weather,” the OECD’s energy arm said in a report on Tuesday.
end of aid
To prevent price slippage from gas electricThe government designed the so-called ‘gas cap’, which limited the cost of this feedstock for power plants, but has since not working mid february By keeping the raw material price below this reference (although the ceiling started at 40 Euros per MWh, it has risen to the current 62.8 Euros per MWh).
Moreover, both electricity and natural gas bills somehow He intervention with him for months taxes Due to both the reduction of VAT to 5 percent, the reduction of the Electricity Special Tax applied at 0.5 percent and the suspension of the 7 percent tax on electricity production, limited increase In case of customers regulated gas rate (TUR), but all these measures December 31 The government has not yet announced whether this has happened or not. will grow longer.
different stages
Single price electricity price remains higher When the government introduced most of the austerity measures, because first aid will be givenIn mid-2021. Then the average is about 83 euros per MWhIf in October 112 euros per MWhIt was decided to reduce the receipt for the first time by increasing VAT from 21 percent to 10 percent and suspending production at 7 percent.
But the situation gas If it’s different, gasmask (Mid-June 2022) It was around 80 Euros per MWh, when the VAT reduction on the invoice is announced (September 2022) this figure is approx. Over 200 euros per MWh.