The Energy Authority has published the terms of reference for the electricity and gas to households and small consumers served in protection in the quarter 1 October to 31 December 2014 For the gas, the tensions in the markets related to the expected seasonal increases in raw material and russoucraina crisis led to an increase of 5.4% for the reference conditions quarterly; However, thanks to the reform which since last year has hooked Italian prices to those of the European market (eliminating many negative structural costs), the family type in 2014 will have saved 84 euro compared to 1,257 euro of the total gas bill by the end of 2013 .
“With the old indexation to oil and long-term contracts, the cost for the gas would have been much higher. Instead, as a result of the new prices ‘European’ in 2014, the average family will save 6.7%, or 84 euro less than in 2013, and about 66 euro (-5.3%) compared to 2012 despite the increase in demand in Europe due to higher winter demand and geopolitical crisis ” said the President of Guido Bortoni. “The good news – he added, is that now the Italian consumers pay the feedstock gas like other European consumers at a price attached to developments -ward up or down the bas of the major continental exchanges.”
For electricity, however, there was a quarterly increase of 1.7%, mainly due to the recovery of the deviations from the estimates of the cost of procurement of raw materials and the need to finance some system charges. Among these states, in particular, the component for the safety of the nuclear A2 to meet the needs of revenue relating to payments to the state budget. With respect to this component, the Authority has also highlighted the need for the planned government measures are implemented that allow the reduction. The Authority has also reiterated the importance of interventions to strengthen the bonus electricity and gas in support of those most economically vulnerable, with particular reference to the extension of the range of beneficiaries, access criteria and the amount of the discount. In the report, there is also a proposal to the government to ensure that only the winter period, the holders of the deferred bonus is the suspension of supply for non-payment.
ELECTRIC POWER – The gain in quarterly for electricity has had on the one hand, the raw material (+ 0.9%) due to the need to cover the difference between the estimated costs and actual costs of ‘supply of households by the Single Buyer, in the presence of a structure of the portfolio purchases with many covers long-term. To this were added the necessity of revenue for the component A3 (incentives for renewable sources + 0.4% specifically for green certificates) and for component A2 (+ 0.6%) for the payment of 200 million to the budget of State to rely on this component and the failure to reduce this component, as noted above. The sum of these elements would lead to an increase of 1.9%, however, in view of the reduction of 0,2% of the costs of dispatching it was possible to hold the quarterly increase of 1.7%. The increased expenditure for the typical family in the next quarter will be about 2 euro.
NATURAL GAS – The quarterly increase of the gas is mainly due to the rise in raw material wholesale (+ 6.4%). On this rise has had the effect of seasonality in consumption as well as the escalation of tensions between Russia and Ukraine that have led to a general increase in spot prices on the European hubs, with repercussions on the prices at term used for the updating of the economic conditions of protection. To this were added the increases in storage costs (+ 1.2%), for a total of 7.6%. This overall increase was partially offset by the reduction dell’2,2% of the components of CPR and CCR for the renegotiation of long-term contracts and procurement modalities decided by the Authority. For the family type, in the next quarter, the biggest expense will be approximately 19 EUR.
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