The Limited Times

Now you can see non-English news...

Electricity prices soar on the markets

2021-08-04T16:52:51.740Z

For now, the impact is low for French consumers. The electricity fairy has rarely granted its benefits against such high prices. The price of electricity has climbed in recent days to 78 euros per megawatt hour on the wholesale market for supply in 2022, against 46 euros on average last year, for 2021. We must go back to 2008 to find such levels. In question this year, the soaring price of gas, partly indexed to that of oil - a source of 20% of



The electricity fairy has rarely granted its benefits against such high prices.

The price of electricity has climbed in recent days to 78 euros per megawatt hour on the wholesale market for supply in 2022, against 46 euros on average last year, for 2021. We must go back to 2008 to find such levels.

In question this year, the soaring price of gas, partly indexed to that of oil - a source of 20% of European electricity - and that of the market for CO2 emissions quotas.

Thermal power plants must in fact acquire CO2 emission quotas to run their turbines and the boom in this market increases the cost of the electricity they produce.

A tonne of CO2 has seen its price double in a few months.

It was bought for 25 euros at the end of 2020. It is no longer sold today for less than 50 euros, after the announcement, in mid-July, of the new European objective of reducing the CO2 emissions of the Old Continent by 55%. 'by 2030.

"In the event of a further doubling

This article is for subscribers only.

You have 73% left to discover.

To cultivate your freedom is to cultivate your curiosity.

Continue reading your article for € 1 for 2 months

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All business articles on 2021-08-04

You may like

News/Politics 2021-08-16T19:03:01.989Z
News/Politics 2021-05-28T08:18:51.986Z
Business 2021-08-31T18:50:53.716Z
Business 2021-07-07T19:07:43.331Z
News/Politics 2021-07-07T08:03:32.879Z
News/Politics 2021-05-26T17:16:09.583Z

Trends 24h

Business 2021-09-22T20:56:12.297Z

Latest

© Communities 2019 - Privacy