Home » today » Business » Electrical energy: What is going to occur with tax and subsidies – 2024-07-30 13:02:01

Electrical energy: What is going to occur with tax and subsidies – 2024-07-30 13:02:01

Minister of Setting and Vitality Theodore Skylakakis is submitting to the Parliament in the present day 29/7 or tomorrow Tuesday 30/7 the legislative provision for the imposition of the extraordinary charge on electrical energy producers, with the quantity that shall be collected supposed for subsidizing family electrical energy payments in August .

Though electrical energy costs have returned to regular ranges for the season, the federal government doesn’t look like backing down and is continuing with the imposition of a unprecedented tax on electrical energy producers with pure fuel crops.

Electrical energy

Because the Minister of Setting and Vitality has introduced, the extraordinary charge shall be imposed on the pure fuel consumed in July and August by the vitality teams as a way to generate electrical energy.

Based mostly on what Metlen’s Protergia has introduced, the ultimate value for August shall be 159.9 euros per Megawatt hour.

The knowledge needs PPC to additionally transfer at these ranges at round 160 euros per Megawatt hour.

The scripts

Based mostly on the eventualities that had been circulating till the final second, the Ministry of Setting and Vitality considers how the common value that must be shaped in August cfor the particular or inexperienced tariff it must be at 150 euros per Megawatt hour.

If these eventualities apply, then a subsidy of 10 euros per Megawatt hour shall be wanted, in order that the fees of the 2 suppliers PPC and Protergia, that are additionally the largest gamers within the provide of electrical energy, will drop to 150 euros per Megawatt hour.

The extraordinary charge that shall be imposed for the 2 months of July and August, the data says, shall be round 2 euros per Megawatt hour.

Provided that the consumptions of the floating tariffs are round 1.7 million Megawatt hours, it’s obligatory to gather roughly 17 million euros for the subsidy of 10 euros.

Pure fuel consumption for energy technology is round 8 million Megawatt hours in July and August. So the extraordinary tax shall be within the order of two.1 to 2.2 euros per Megawatt hour.

If the ministry needs to ascertain a mean value of 155 euros per Megawatt hour, then the extraordinary tax shall be halved. That’s, about 1 euro per Megawatt hour.

It’s price emphasizing that the suppliers will announce the costs for August on the 2nd of the month.

Costs within the wholesale market

Nevertheless, it’s price emphasizing that costs within the wholesale electrical energy market have returned to regular ranges.

Based mostly on the day-ahead market (DAM) on the Greek vitality trade, the common value for electrical energy within the wholesale market is for in the present day, July 29, at 106.02 euros per Megawatt hour, whereas yesterday, July 28, it was at 80.95 euros per Megawatt hour, whereas total its costs within the final seven days have fallen from the highs of 219.28 euros per Megawatt hour that had been on July 22.

Supply: ot.gr

#Electrical energy #occur #tax #subsidies

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