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The Russian invasion of Ukraine and the energy crisis which came in its wake have produced significant impacts on the energy sector in many EU countries, including Italy. This study shows that customers reacted to high gas prices by reducing consumption over and above the European target of 15%, with gas consumption dropping 18.6% from August 2022 to January 2023, in the absence of structural measures.
The ecological transition is crucial not only for achieving the climate goals contained in the European Green Deal, but also the innovation and industrial competitiveness goals of the Green Deal Industrial Plan. The transition is therefore a prerequisite for growth and thus for debt sustainability.
The Russian invasion of Ukraine and the energy crisis which came in its wake have produced significant impacts on the energy sector in many EU countries, including Italy. This study shows that customers reacted to high gas prices by reducing consumption over and above the European target of 15%, with gas consumption dropping 18.6% from August 2022 to January 2023, in the absence of structural measures.
The ecological transition is crucial not only for achieving the climate goals contained in the European Green Deal, but also the innovation and industrial competitiveness goals of the Green Deal Industrial Plan. The transition is therefore a prerequisite for growth and thus for debt sustainability.