Gas prices explode: Why buyers have to pay more in summer!
Gas prices explode: Why buyers have to pay more in summer!
On the European gas market, it is bubbling: The prices for natural gas have recently reached a two -year high, which significantly stresses the situation for consumers and industry. Current reports from krone.at show that wholesalers have to pay more for the summer than for the coming winter - an atypical picture, since gas costs are usually lower in the warmer season. The reason for this is the falling gas reserve in Austria, which is currently only around 58 percent. E-Control boss Wolfgang Urbantschitsch demands more flexibility in the regulations for gas storage to relieve the market.
In view of the rising prices, the EU Commission brought a price lid of gas into play to relieve consumers. But according to Telepolis Warn eleven energy associations of the negative consequences of this measure. They fear that such a lid could destabilize trust in the European gas market and that the security of supply would be at risk. The global community of gas suppliers could turn away and orientate themselves on unchecked price references outside the EU, which could exacerbate the problem.increasing stress for consumers and industry
The uncertainty is great: a price cover could not only destabilize the gas market, but also do not solve the already strong price increases in wholesale, as experts warn. The past twelve months have shown that gas prices for new customers have risen by 43 percent. VAT and gas network fees have also increased, while the gas storage levy increased by 20 percent and CO2 prices rose. The problems are additionally reinforced by the winter temperatures and a decline in wind energy production, which made more gas power plants necessary
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