Speaking to journalists during a visit to a floating solar
park in Singapore, the CEO of EDP said that the evolution of prices in
Portugal, including an average increase of around 3% in the global value of the
electricity bill for residential customers of EDP Comercial as of January,
"it's something perfectly stable in the face of the framework that
exists".
"For example, now here in Singapore they were telling
me that energy prices rose 300%, and we see gas prices rising and multiplying by 10
times", he added.
"Therefore, we have always sought to have the best
possible prices and I think that, given the framework, we are experiencing with
the energy crisis, Portugal has been a good example, an example, despite
everything, of great stability in energy prices for domestic customers".
Stilwell de Andrade explained that this stability also
results from the structure of the electricity market in Portugal.
"We have a very large penetration of renewables, this is a way of ensuring price stability because basically, the prices of renewables are independent of the prices of fossil fuels, that is, the price of gas, oil, and coal can go up and down and the prices of renewables have remained fixed, in the end, it is isolating us from this large, very expressive growth that we have seen in fossil fuels", he underlined.
Why do Portuguese people tolerate living in COLD, DAMP, MOULDY housing? Do they think this is "normal"???? Living in COLD is NOT a positive example of healthy living. Besides, no comparison with Singapore which has a MUCH higher standard of living in every aspect compared to Portugal.
By S from Other on 07 Dec 2022, 10:53
Don´t you know we Portuguese are the Poster people of energy efficiency and the “Sin eaters” of actual posh Countries?? Shhhhh, S, you´re spoiling our EU family portrait, darn it.
By guida from Lisbon on 08 Dec 2022, 07:04