Despite the recent fall in energy prices, not everything is clear yet. In fact, experts are convinced that high energy costs will keep us busy for years to come.
Marcell Göttler is an economist at the liberal business think tank Agenda Austria. He is an expert on energy costs. He says: “What comes into effect in the coming months from December is the brake on the electricity price. However, the prices on the stock exchange cannot be predicted. For example, the better-functioning nuclear power plants in France and continued use in Germany have had a depressing effect on electricity prices.” But the relief would not be passed on.
Own producers less dependent
Only thanks to the cover there is temporary relief. Customers of own producers such as Tiwag are better off with renewable energy sources. “Such groups are not as dependent on international prices as Wien Energie. You also see a social mission here.”
Conclusion: “The brakes allow us to take a deep breath.” When it comes to gas, it looks better. Göttler: “The storage tanks are 90 percent full. But we’ll have to wait and see what happens next in Ukraine. We have to dive through the next two years.”
Source: Krone

I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.