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Electricity prices rise again in October in the regulated market – Energy

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Electricity prices rise again in October in the regulated market - Energy

Domestic consumers in the regulated electricity market will see a further increase in their electricity bills in October by about 3%. The Energy Services Regulatory Authority (ERSE) announced on Wednesday an increase in the electricity tariff in the regulated market by € 5 per MWh effective October 1, 2021.

For most domestic customers in a regulated market with a contractual capacity of 3.45 kVA, the renewal will be around € 1.05 on an average monthly bill, according to ERSE. ERSE estimates that for families with a contractual capacity of 6.9 kVA, the bill will increase by € 2.86.

This is the second increase in the electricity tariff determined by ERSE in 2021, following a similar update in July. There are now 933 thousand clients on the regulated market. The increase is justified by rising energy prices in the Iberian Electricity Market (MIBEL), which are breaking records every day. The average price per MWh in the Iberian market this Thursday will reach € 188.18.

“Based on consumers like the ERSE energy price simulator, the estimated impact of the renewal of the energy tariff for consumers in the regulated market is about 3% greater than the current prices in the total electricity bill (including VAT),” says the regulator.

This increase follows a 3% increase in July and a 0.6% decrease in January, so that “the average annual tariff change from 2021 to 2020 will be about 1.6%.”

The energy tariff “reflects the cost of purchasing energy from the last service provider (CUR) in the wholesale markets, being one of the components that unifies the final price paid by consumers in the regulated market,” explains ERSE.

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The second increase for the year is aimed at “avoiding excessive mismatch with the free market and creating deviations that will subsequently be offset by tariffs with implications for all consumers.” The regulator can revise the electricity tariff on a quarterly basis whenever “based on ERSE estimates, the deviation from the cost of acquiring renewable energy equals or exceeds 10 € / MWh”. What happened again in the third quarter.

“For 2021, the forecast for the CUR acquisition cost taken into account when setting the energy tariff approved by ERSE on December 15 was 49.52 EUR / MWh. Following the renewal of the energy tariff in July 2021, the estimate for 2021 is € 52.02. / MWh “.

However, price increases in the Iberian market in recent months “as a result of the very high price of natural gas for natural gas combined cycle power plants and the high price of carbon dioxide (CO2) licenses” prompted a new revision.

“The updated estimate for 2021 points to a CUR acquisition cost of € 73.24 / MWh, which corresponds to a deviation of € 21.21 / MWh, which is 41% higher than the value reflected in the current tariffs.”

The new tariff will take effect on October 1 and will be valid until the end of the year. By October 15, ERSE will submit a tariff offer for 2022, which will include a tariff for network access, which will remain unchanged in this update.

Finally, ERSE “advises consumers to look for potential electricity bill savings from suppliers in the market.

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Economy

Roaming stays free in Europe for another 10 years and brings improvements

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roaming europa 2032 chamadas mensagens

One of the most important changes that have taken place in recent years in the field of telecommunications has been the abandonment of roaming in Europe. This scenario ensures that we can be located in any country in the European Union without paying extra for a single call.

The guarantee of the success of this process is its use from the moment of its implementation. Now it has been updated and is guaranteed for another 10 years with some new features and improvements that make it even more attractive and useful for users.


The new roaming regime in the European Union (EU) came into effect on Friday. This will allow people on the go to make phone calls, send messages and surf the Internet at no extra charge.

New Roaming rules, which entered into force on July 1, applies to the EU countries, as well as the European Economic Area, which includes Iceland, Liechtenstein and Norway. This is until 2032 limiting the cost of using mobile phones while roaming in Europe.

The new rules set a limit of two euros per gigabyte (GB) for data services this year, which will drop to 1.8 euros (euros)/GB in 2023. This value will continue to fall to 1 EUR/GB in 2027 for wholesale. rates.

roaming europe 2032 calls messages

In addition to this service definition, there are also some important changes. Operators offering mobile services must guarantee consumers access to 4G or 5G networks when available in the country in which they are traveling.

For voice services the limits are 0.022 EUR/minute in 2022-2024 and 0.019 EUR/minute from 2025, while for messages (SMS) the maximum value is 0.004 EUR/SMS in 2022-2024 and 0.003 EUR/SMS from 2025 . .

It is with these rules that users will be able to visit any country in the European Union and receive prices that are practiced in their country of origin. These new rules will be in effect until 2032, guaranteeing this scenario without any restrictions.

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Economy

Inflation in Portugal for the first time since 2017 exceeded the European one. Tourism is to blame – ECO

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Inflation in Portugal for the first time since 2017 exceeded the European one.  Tourism is to blame - ECO





Inflation in Portugal for the first time since 2017 exceeded the European one. Tourism is to blame – ECO
































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Airbus announces major order of nearly 300 aircraft for four Chinese airlines

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Airbus announces major order of nearly 300 aircraft for four Chinese airlines

European manufacturer Airbus has just announced a massive order for nearly 300 aircraft for Chinese airlines.


The official statement from the manufacturer says that an agreement has been signed with Air China, China Eastern, China Southern and Shenzhen Airlines for 292 aircraft of the A320 family, which includes A319, A320 and A321. This is the first major purchase made by Chinese companies since the outbreak of the pandemic, which had its initial epicenter in the Asian country.

It is not specified how many units of each model and how the division between the companies will occur, but it is expected that all of these will be variants of the Neo with the new engine that are already working in the mentioned companies.

Airbus currently dominates China’s single-aisle commercial aircraft market, despite Boeing having a larger presence given the larger number of twin-aisle aircraft.

In turn, the country has 2,070 aircraft of a European manufacturer, in addition to the plant in Tianjin, where aircraft of the A320 family are assembled, and there is also a finishing line for the A330 family. Another Airbus presence is the helicopter division with an assembly line for the H135 in Qingdao.


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