VaasaETT

📌 We just published the latest Household Energy Price Index results for the residential energy prices in 33 European capitals in August! #ΗΕPI 🔷 European #electricityprices have remained stable since the beginning of the summer, now 5% lower than last year. 🔶 #Naturalgas prices stayed relatively steady in August, with most capital cities seeing little to no variation. 📊 In the graph below you can see how the capitals ranking changes when electricity residential prices are adjusted to the purchasing power standards (PPS). 🔍 Use our interactive visualization tools to compare more historical and recent data for the markets you're interested in! 🔗https://lnkd.in/e-rwYeD

🔜 📅 Dynamic Load Averaging (DLA) will be at the agenda of this year's Local Energy Markets Alliance (LEMA) summit in Leeds Castle on 1st & 2nd October. Book your place now to join the debate: ➡ https://lnkd.in/ex75xpbv

💡 Energy #pricing models are shifting to better reflect consumer costs and optimize #grid management. Countries like #Norway, #Sweden, and #Slovenia are leading the way with innovative, dynamic #tariffs: 🔹 Norway: A multi-component grid rent system incentivises spreading electricity usage throughout the day. 🔹 Sweden: Starting in 2024, for the DSO C4 Elnät, transmission fees will partially depend on hourly spot prices, promoting off-peak usage. 🔹 Slovenia: A new tariff system, launching in October 2024, will focus on 15-minute intervals, encouraging consumers to manage their energy effectively. These trends are paving the way for a more efficient and sustainable energy future. 🌱 👀 Read the blog by our Energy Market Analyst Anastasia Zafeiriou 🔜 Stay tuned for the release of our next Household Energy Price Index report, analysing August price developments in 33 European markets, coming in a few days! #EnergyInnovation #DynamicPricing #Sustainability

The gap between wholesale and unprotected all-in retail electricity prices for households are at an all time high. What used to be a typical margin without protection measures is now a typical margin with those measures included. The gap, it should be stressed, includes not only energy but also network and other regulated charges (including tax and VAT), but it represents an important metric representing the price consumers are offered relative to the market cost of energy. The question is, have retail prices adjusted to protection measures - able to rise because customers are isolated from the full impact of those increases? Or have increased risk premiums been built into price setting? Or have non-energy costs increased in significance? Well as you might expect, it is a complex mix of all these factors. Either way, without the current price protection measures, imposed during the crisis but still present in most European markets, retail electricity prices would be more distanced from wholesale than at any time since records began. As of July 2024 the gap was 18.4 c€/kWh, compared with an average of 13.7 c€/kWh prior to COVID and the energy crisis. Seamus Byrne Manuel Sánchez Ignacio Martínez Ignacio Muniozguren Garcia Csilla Bartok Una Shortall Gerard Reid Ivan Pearson Adela Tesarova Monika De Volder Dr. Deniz Erdem Johannes Mayer Tomás Llobet Monique Goyens Ron Ben-David #energyprices #energypriceindex #electricityprices #Europeanenergyprices #europe #priceincreases

🆕 📢 Check out the newly published #HEPI results for all the latest developments in household #energyprices and #energybills! 🌡 In July, European #electricity end-user prices are on the rise again, influenced mostly by regional weather patterns. Southern Europe faces increased prices due to a #heatwave, while wet weather in the Nordics brings prices down. ⬆ #NaturalGas prices are up 2% on average, with #Warsaw seeing a significant 15% hike. 📝 For the full report visit: https://lnkd.in/dzu-di-4 ✍ Stories of the month 🔹 In #Italy, the deregulation of electricity and gas markets was completed in 2024, as part of #EuropeanCommission reforms aimed at abolishing protected tariffs in an effort to lower prices, engage consumers and support the #energytransition. Read the story by our Energy Market Analyst Despoina Antoniadou https://lnkd.in/dG2z9-7V 🔹 The newly introduced dynamic energy pricing models in #Norway, #Sweden and #Slovenia highlight a growing trend towards more flexible and consumer responsive pricing structures, aiming to create a more efficient and sustainable energy system. Read the story by our Energy Market Analyst Anastasia Zafeiriou https://lnkd.in/d5TDXXEH

Congratulations to our team! 👏

📣 Join our team! ❗ 🔍 👀 As our team keeps growing, we are looking to #hire a Marketing Design and Communications Specialist based at our #Helsinki or #Thessaloniki offices. In exceptional cases remote locations may be acceptable. 👉 Your primary tasks will focus on creating high-quality and visually compelling promotional materials and #content for the company’s #marketing purposes. You will also be responsible enhancing #graphics for our consulting activities, for managing media relations and effectively #promoting the company’s services, projects, and achievements across various #digital channels. ✴Sounds interesting? Find out more and apply: 🔗 https://lnkd.in/dR8jNa39 #HiringNow #recruitment #jobforyou #vacancy #career #hybridwork #marketing #marketingdesign #communication #jobopportunity #marketingjobs #designjobs #communicationjobs

👉 📣 The latest Household Energy Price Index results for June are now available! Some key findings: 💡 The downward trend in the European energy prices observed in the beginning of the year came to an end in June with electricity and gas prices marking a slight increase in many capitals. ⚡ Electricity market: 14 markets saw increases, partly due to extreme heat in Southern Europe driving up air-conditioning demand and prices. 🔶 Natural Gas market: 10 capitals experienced increases, notably Tallinn with a 9% rise. The TTF benchmark index remained generally stable around 35€/MWh despite a brief price surge following a five-day shutdown of Norway's Sleipner gas hub due to a pipeline crack. 📉 Despite this month’s upward trend, electricity bills in all EU capitals have decreased by 6% since June 2023, while gas bills have decreased by 8%. ❕ For all the latest data, visit our HEPI website 👇 where you can explore interactive maps, graphs, access the complete analysis and subscribe to our free monthly newsletter. #energyprices #energymarkets #energybills #electricity #naturalgas

🎆 It’s always a thrill to see our colleagues thrive in such impactful events! Congrats Aleksandros Nanaj for your participation in the 3rd Energy Transition Future Leaders Academy! 👏

Welcome to the last post of the series “ Power Procurement and PtX”. This time we will talk about the most common procurement option considered so far to power PtX plants: Virtual PPA (Power Purchase Agreement). Special thanks go to all the "known" and "unknown" readers that showed interest in this post series and last but not least to my colleague, Prabhat Ranjan, that was the main "architect" behind the development of our SATI model (Strategic Assessment Tool for Investments). Enjoy the read!