The BCE Central European Bank published an editorial in the FT on 7 April saying energy dependency was a serious problem in Europe. While say Spain, which has invested heavily in renewables for a sustainable economy, has an energy cost of 40-45€MWh, Italy has a energy cost, perhaps the most expensive in Europe at 130-140€MWh. Salvini is in government as deputy PM, how is he coming to terms with this? They have a financial package to reduce energy costs, though that’s just Italian state money to the supplier. But that’s only going to get it down to 100-120€MWh - nowhere near 40-45€. Now Salvini’s proposing to buy more from Russia? Meanwhile Spain can spend their tax money on other projects rather than proposing to give it to a different country.
The BCE Central European Bank published an editorial in the FT on 7 April saying energy dependency was a serious problem in Europe. While say Spain, which has invested heavily in renewables for a sustainable economy, has an energy cost of 40-45€MWh, Italy has a energy cost, perhaps the most expensive in Europe at 130-140€MWh. Salvini is in government as deputy PM, how is he coming to terms with this? They have a financial package to reduce energy costs, though that’s just Italian state money to the supplier. But that’s only going to get it down to 100-120€MWh - nowhere near 40-45€. Now Salvini’s proposing to buy more from Russia? Meanwhile Spain can spend their tax money on other projects rather than proposing to give it to a different country.