Energy, Bonomi: “government opens confrontation on price escalation”

“I believe it is necessary to draw the government’s attention to the need to open a debate to stem the unprecedented escalation of energy prices, in particular the electricity and natural gas market”. This is the appeal of the president of Confindustria Carlo Bonomi, who spoke with a video message at the ‘Industrial Decarbonation Pact’ conference taking place in Rome. “We are facing a perfect dramatic storm – underlined the industrial leader – that hits the country’s productive fabric: over 650 billion investments for the energy transition between now and 2030, an increase in the price of wholesale gas from beginning of the year by 600%, a 400% increase in the price of wholesale electricity compared to last year “. A situation that has in many energy intensive sectors recorded in recent weeks “signs of closure or significant reduction of production activities. We must give an important signal of reaction to avoid a slowdown in growth in the coming months”, he added, observing that ” there is room for cyclical and structural measures in response to this crisis in both the gas and electricity markets “. However, he remarked that in the face of this crisis “Europe has not been able to go beyond the indications of ordinary instruments at the last Energy Council: the Commission does not seem able to find a common answer to this problem and each country is invited to do as he sees fit “.