The price of electricity is at its second historical maximum pending the measures of Brussels

The price of electricity will mark its second highest figure in history on Wednesday with

.

Although it is a drop of 13.2% compared to 544.98 euros on Tuesday, an upward trend is maintained in a month that is on its way to being, again, the most expensive of all time.

The European Commission is expected to present a proposal to tackle this problem, seriously aggravated by the invasion of Ukraine and dependence on Russian gas.

According to the data published by the Iberian Energy Market Operator (OMIE), during the day a peak of 605 euros will be reached (today it will reach 700) and several well above 500, but there will also be other sections in which It will drop below 400.

After a few months of January and February that represented a relative respite after the upward trend with which it closed 2021 -although still well above any month of any other year-, the price of electricity has skyrocketed again in the month of March .

Gas, necessary to supply renewable energies and to feed the consumption of countries like Germany, has an impact on prices and is currently, like fuel, very expensive.

Currently, the countries of the European Union pay some

a day to Russia for its gas (and another 260 million for its oil) and, although the countries have announced their plans to reduce this dependency, it is not something that can be do without preparation

German Chancellor Olaf Scholz, in fact, acknowledged this very problem on Monday, while Italy is counting on halving the Russian gas it uses, but after the spring.

The increase in the price of gas, therefore, also affects other European wholesale markets, such as in the aforementioned German example (where today the average price per MWh is 487.57 euros, according to Europa Press), that of Belgium ( 461.95 euros), France (540.66), Italy (587.67), Portugal (542.78), the Netherlands (443.32) or the United Kingdom (480.3).

The European Commission will present this Tuesday a proposal to deal with this energy crisis at a meeting in Strasbourg.

One of the measures being considered is the joint purchase of gas by the 27 or coordinated storage systems (Spain, for example, can guarantee the entry of gas through its gas pipelines that are not dependent on Russia or through methane tankers). .

In the press conference after the Council of Ministers, the Third Vice President of the Government and Minister of Ecological Transition and Demographic Challenge,

, assured that

and "does not reflect the real costs".

The "very distorted" price of gas, she explained, also generates distortion in it.

In any case, he explained that "intervening in the design of the wholesale market is something that should have the endorsement of who sets the rules of this market, which is the European Union."

For this reason, at the moment no measures are contemplated at the national level, beyond those already taken, and the Government remains "pending" on the recommendations made by the Commission.

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