The price of gasoline remains below the 50 euro level in the reference market Amsterdam TTF, which is already great news these days. But there will be increases in the bill: According to the calculation made by Arera President Stefano Besseghini, we are talking about increases of around 10 percent in 2025, after the transit of Russian gas to Europe via Ukraine stops completely.
There was no immediate impact, with shares up nearly 80 percent, but European shares are at a seven-year low below 70 percent. Problems may become evident between March and April, when it is time to replenish stocks for the next year: “It becomes important to buy at a slightly lower price,” explains Minister of Energy Security Pichetto Fratin, who today restarted Europe’s price struggle, a situation that needs to be recalibrated tool: For Fratin, the protection mechanism needs to be reduced from the current threshold of 180 Euros/MWh to 50 Euros in case situations arise that I describe as “completely”. financial”.
Minister Fratin: “Buy LNG from the USA”
Fratin also restarts the fight to decouple the price of energy produced from renewable energy sources (gas) from fossil sources in Ranews. But not all European countries have the same interests: Spain and, above all, France can also rely on nuclear energy, a technology that Italy wants to pursue from 2025 with the first passage of the enabling law that it is working on. month and who will be in the Council of Ministers “as soon as the Palazzo Chigi department has made its legal assessment”.
One of the most important games to be played in the coming months will be for LNG: in the spring the second regasification ship will dock in Italy off the coast of Ravenna: for Fratin, US supplies will allow it to keep the price lower.
Source: Today IT
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
