Home » Cingolani, funds for almost 10 billion against expensive bills

Cingolani, funds for almost 10 billion against expensive bills

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Three billion euros from the securitization of system charges on bills, 1.5 billion from Ets auctions, 1.5 billion from the reduction of photovoltaic incentives, from 1 to 2 billion from the cut in hydroelectric incentives, 1.5 from negotiation long-term renewables. These are the possible resources to mitigate the high bills that the government is considering using, in addition to the increase in national gas production. The Minister of Ecological Transition, Roberto Cingolani, illustrated them in a hearing at the Senate Industry Commission.

“We are working on structural proposals, we need a strategy”

“We have presented a series of proposals that are to the attention of the Ministry of Economy and Palazzo Chigi – explained the minister – and they are measures of an important amount, we are working to give a structural approach to the problem of expensive energy and this needs to be medium and long-term actions “. According to Cingolani “we need an overall strategy, with medium and long-term actions that allow consumers to benefit from investments and the lower cost of renewables; it will be necessary to have a structure that includes moving renewables to the market with long-term negotiations, and with prices that are no longer anchored to those of natural gas and CO2, “he said.

Vulnerable customers, automatic transfer to higher protection rates

“I feel I can anticipate – said Cingolani – that we are trying to make a further facilitation for vulnerable customers that will be absolutely supported in the package of amendments to come, so that the passage is automatic, even when there is free. market, customers vulnerable to higher protection rates. The next two months will be essential to understand the direction to take – he added – We are analyzing all possible scenarios. At the moment the bills cost 50 billion, if 10 are VAT, about 12 are charges, the rest is the price of energy and we must understand how to improve the cost for citizens, especially the most vulnerable “.

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Accelerate on renewables

The minister stressed the need to continue to accelerate on renewables “which requires a transversal agreement”, review VAT and change the energy mix. And he listed the proposals being studied to intervene on prices: the use of proceeds from CO2 auctions to cover system charges, the securitization of Asos charges with a possible impact of 3 billion, review the incentive contracts for the plants photovoltaic systems anchoring them to pre-crisis prices or with energy sales contracts to GSE with long-term packages. «They are solutions being analyzed with an estimated saving of around 1.5 billion on the Asos component of the bills – he explained -. But also the extraction of income from large hydro plants without incentives, in compliance with contracts and commitments, with savings between 1 and 2 billion a year. And the exploitation of gas production from existing fields ».

If winter continues like this, I don’t see any risk of blackout in Italy

On the risks of a blackout, the minister explained that “if the winter continues at this level, I think we can be optimistic. In Europe in some countries there may be difficulties. Frankly, in Italy, less than a month of glacial February, we do not run this risk, even if the reserves are a little less full ». “Some Northern European countries may have some problems”, he concluded, stressing that he cannot predict the weather trend.

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