Post by account_disabled on Feb 28, 2024 6:45:25 GMT
To the gas companies, which has to be paid by the consumers who are beneficiaries of the measure, the consumers of the regulated tariff (pvpc) or those who, despite being in the free market , have an indexed rate, but which is once again at 0 euros/mwh, a situation that has been repeated since last february 27. The so-called 'iberian exception' has been extended until december 31, following the agreement reached by spain and portugal with the european commission. Thus, it is extended by seven months, until the end of this year, and it is not excluded that it could be extended longer if said framework is also extended. Specifically, the agreement not only represents an extension of the iberian exception that was already applied, but also involves some adjustments to accommodate it, such as the price reference, which until now was increased by five euros per month, and will now be softer. In the original agreement, the aforementioned reference price for gas had an average value of 48.8 euros/mwh: it was 40 euros/mwh for six months, rising 5 euros/mwh each month thereafter. Now, it will increase by 1.1 euros/mwh since last april, to conclude at 65 euros/mwh.
Currently, the mechanism has not had any effect on the marginal matching processes in the wholesale markets since the end of february, due to the drop in the price of natural gas below the thresholds set for its application, but, if necessary, the extension will allow maintain a reasonable price, not so dependent on the evolution of natural gas. This monday rivera will take the reins of the negotiation for the reform of the european Buy Bulk SMS Service electricity market the ministers of environment and energy of the european union will meet next week in valladolid to debate and bring together positions on fundamental issues such as the common position facing the next un climate summit (cop28), soil management , water, biodiversity, marine litter, the deployment of renewable energies and the controversial reform of the electricity market, in a negotiation led by the third vice president and minister for the ecological transition and demographic challenge, teresa ribera. This is the first informal council of ministers to be held within the framework of the spanish presidency of the council of the european union, and it will take place at the patio herreriano museum of contemporary art from july 10 to 13.
The objective of the meeting of the ministers of the 27 is to bring together positions on these areas in view of the next formal debate to be held after the summer. On june 19, the energy ministers failed in luxembourg in their attempt to reach an agreement so that the reform of the electricity market encourages long-term contracts with renewable and nuclear energy generators after germany and luxembourg refused to open the financing of contracts for difference to existing nuclear plants because it is considered to excessively benefit france. However, the ministers agreed on a text on the directive on consumer protection and prices during an energy crisis, they have not achieved it on the regulation of capacity mechanisms for contracts for difference, the main pillar of the brussels proposal to review the design of the eu electricity market.Astana celebrates its 25th anniversary as the capital of dialogue and understanding by alvaro j. Medina astana has been built for centuries and the cranes are still moving. The capital of kazakhstan looks to the future, with solid foundations and a motto - law and order -, and at the same time, what is known as the dubai of central asia also tries to be the economic and political epicenter of the entire region, not only from the country. Astana is now celebrating 25 years as the capital of a country independent of russia.
