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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

Everything has been delivered. 10 Bugatti Centodieci are already in the hands of the owners

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Everything has been delivered.  10 Bugatti Centodieci are already in the hands of the owners

OAll Bugatti Centodieci have been delivered, the Molsheim-based brand said on Monday. Cristiano Ronaldo received the number 07 in October this year. and Bugatti has now revealed that the latest unit – #10 – is already in the possession of its owner.

“The Centodieci combines all the values ​​of the Bugatti brand in an extraordinary package: rarity, innovation, heritage, craftsmanship and unrivaled performance. The production batch of 10 units was so in demand by our customers that it was sold before the Centodieci. was even officially presented,” said Christophe Piochon, president of Bugatti.

This latest example is finished in Quartz White with carbon fiber trim on the bottom and matte grilles. The brake calipers are painted in Light Blue Sport, as is the logo on the rear that refers to the EB110, the iconic Bugatti model that inspired this Centodieci. Inside, the predominant color is also blue, as you can see in the images above.

This block is powered by the same block as the other nine instances. The 8.0-liter W16 with four turbines is capable of developing 1600 hp. In terms of performance, this allows the Centodieci to hit 100 km/h in just 2.4 seconds and reach a top speed of 380 km/h.

Recall that each unit costs the owners eight million euros before taxes.

Read also: We already know when the Bugatti Centodieci fell into the hands of Ronaldo.

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Economy

The first Dacia hybrid. “The cheapest hybrid family on the market”

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The first Dacia hybrid.  "The cheapest hybrid family on the market"

BUT Dacia revealed this Monday that the hybrid engine has been available since March on the Jogger, the Romanian brand’s model known to be available with a seven-seat variant.

The Jogger Hybrid 140, Dacia’s first hybrid, will hit dealerships in March, but customers can expect and order it as early as January.

The price has been revealed by Dacia and since it’s only available in the seven-seater SL Extreme, it starts at €28,800. The brand claims it is “the most affordable hybrid family car on the market.”

Available in six existing colors to celebrate the launch of this hybrid, there will be a slate gray version, as you can see in the images above.

Equipped with a 1.6 liter four-cylinder petrol engine with 90 hp, the Jogger is also powered by two electric motors (a 50 hp engine and a high-voltage starter-generator). The total power is 140 horsepower. The electric transmission is automatic, four-speed, connected to an internal combustion engine, and two speeds are connected to an electric motor. This combined technology was possible, according to Dacia, only due to the lack of clutch.

Combined with the energy recovery levels of the 1.2kWh (230V) battery pack and the efficiency of the automatic transmission, regenerative braking delivers all-electric traction on 80% of urban journeys and saves up to 40% of fuel compared to a combustion engine vehicle.

Read also: Dual-fuel Dacia Jogger Eco-G. We tried 5 seater and LPG…

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Economy

See how Tesla tests its electric Semi truck in the worst-case scenarios

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Tesla Semi camião elétrico testes

Tesla has finally been able to bring its long-awaited Semi to market. This electric truck promises to revolutionize transportation and bring all the unique characteristics of this type of electric vehicle to this class of vehicles.

Now that the first units have been delivered, there is hope that they will finally be mass-produced and reach more transport companies. With so many promises to be kept, a new video is now emerging showing Tesla testing its Semi truck under worst-case scenarios.


Tesla Semi is already on the market

Like all Tesla electric vehicles, Semi follows the same line of creating a unique design associated with a platform with the most modern technology available. The proof is in what was presented to the public and surprised most people.

To prove the quality of this new proposal, Tesla published in your LinkedIn account new video. In it, he reveals some of the testing he's done to determine the strength and quality of the Semi's design and its (potential) durability.

Tests to prove its durability

It has been revealed that the Tesla electric truck is subjected to numerous tests and its application in the worst scenarios that drivers may face. It doesn't stop at the ruggedness of the Semi's designs, but goes further and focuses on the motors and batteries themselves.

This is the proof that many have been waiting for to ensure that this new proposal is not limited to a lot of autonomy. Its resistance is great and will provide greater durability, further enhancing the Semi's value and performance.

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high quality electric truck

Tesla has already showcased the Semi's quality with a video showing its truck driving roughly 500 miles on just one charge. The big news here is that he managed to make this long journey with a maximum load of about 37 tons.

Now Tesla remains to widely place the Semi on the market. At the moment, only a few companies have access to this new product, with a very long list of pending deliveries, who want to start mass-using this electric truck offering.

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