Discover and read the best of Twitter Threads about #powerprices
Most recents (2)
My big wish for #European #energy in 2023 is that the @EU_Commission and European #governments push the rollout of #smartmeters and #smarttariffs across the continent. 
Why do I say that? Because #smartmeters and #smarttariffs give #energy customers the ability to control their own destiny by enabling them to switch off and on devices depending on how expensive #powerprices are.
#smartmeters and #Smarttariffs enable new #businessmodels such as what @OctopusEnergy are offering. In addition, #digitalisation will allow the smoother and quicker integration of #EVs into the system as well as smart #heating.
EU #CoalPhaseOut action plan: 16 EU Members States will be #coal free by 2025, remaining states must follow by 2030 for a cost-efficient #netzero pathway. 6 countries not yet committed to 2030. We identified a policy mix without new fuel lock-ins & minimum costs. Findings 👇1/9
Key Finding 1: The EU's 2030 climate target of -55 % requires a complete #coal phase-out in the power system by 2030. An EU-wide #CoalPhaseOut2030 saves 1 billion tons of CO2 compared to 40 % emissions reduction at little additional costs to consumers. 2/9
How will the EU coal phase-out by 2030 affect the price of #electricity? Consumers can expect a price increase of only 0.5 ct/kWh with a policy mix scenario - a figure that is dwarfed by the current increase in #powerprices driven by more costly #fossilgas. 3/9
