Currently, electricity prices on the market are so high that electricity from renewable plants does not need subsidies. According to E-Control, electricity prices will also remain high for a while.
The price on the market is currently so high that electricity from renewable plants does not need subsidies, and suppliers prefer to sell it directly. “This is a high-price phase that will probably continue for a while,” said E-Control board member Wolfgang Urbantschitsch. The current figures underline his assessment: the electricity price index for November 2022 is 16.8% above the previous month’s value, and compared to November 2021, the inflation amounts to 342.2%.
The further increase in the market price suggests that the renewable subsidy (which was set to zero this year) will not increase for 2022 either, according to the energy regulator.
This post has already been read 58 times!