Bis Bills Decree: green light from the Council of Ministers to the cap on the price of gas

Green light from the Council of Ministers to the Bill bis decree which provides for the application of a ceiling on the price of gas supported by thermoelectric generation (58.9 euros per MWh) in the wake of the Spanish model. This is, as a note from Mase explains, a temporary reduction in the cost of electricity for families and businesses, through a mechanism for reimbursement of a portion of the costs of natural gas used for thermoelectric production. This is what is foreseen by the new measure of the Bills Decree, approved today by the Council of Ministers, defined in the context of the discussion with the European Commission and aimed at containing the impact of the price of gas on the cost of electricity.

«With the decree-law approved today by the Council of Ministers we complete the path of the Bills Legislative Decree, with the aim of reducing the cost of electricity for families and businesses. Starting from January, overall, the measures of the decree will allow an average reduction of around 15 euros per megawatt hour. It is a first concrete step in support of our country system, consumers and the productive fabric", is the comment of the Minister of the Environment and Energy Security, Gilberto Pichetto Fratin.

The provision, explains the minister, «is the result of a detailed work and a long dialogue with the European Commission, carried out with the institutional collaboration of Arera, for the aspects of competence, and of the Gme (Energy Markets Manager), which ensured technical support in the definition of the mechanism and in carrying out the simulations requested by the European Commission. A work conducted in awareness of the difficulties that families and businesses are facing, in an international context marked by strong geopolitical tensions and their repercussions on energy costs."