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Towards an EU-Italy agreement on neutralizing ETS on electricity prices

World 1 source 1 country πŸ”¦ Under-reported 46m ago

Rome, Italy β€” The European Union and Italy are reportedly moving toward an agreement regarding the neutralization of the Emissions Trading System (ETS) concerning electricity prices. Under the prospective arrangement, the additional cost of gas would be prevented from being passed on to the wholesale price of electricity.

The development addresses key cost burdens within the energy sector, directly targeting how fuel expenses influence broader wholesale electricity markets. By neutralizing the ETS impact, the potential mechanism aims to decouple gas price fluctuations from the final wholesale pricing structure for power in Italy.

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Read the full story at the source ANSA (Rome, Italy) Β· IT β†—
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