prijava
SARAJEVO, October 17 (FENA) - Economic analyst Igor Gavran in an interview with FENA stated that the rise in energy prices in Europe and the world are mostly caused by certain market disturbances and that they have their causes.
"Price increase partly stems from the increase in the price of gas, which in many countries is used for the production of electricity, so such a connection is direct and logical. Part of the price increase when it comes to electricity in Europe is especially related to the so-called green energy taxes and burdens on the price of energy produced in thermal power plants, so there has been an increase in costs and prices," said Gavran.
With respect to oil and oil derivatives, according to him, we cannot talk about purely market trends because those prices are negotiated. In essence, this is governed by OPEC, the leading oil producers, who decide how much oil they will produce at a given moment, they set prices in a certain way and that is something that cannot be influenced from Europe.
Due to unexpected and hitherto unimaginable energy shortages from the UK through the European Union to China, prominent media outlets such as Bloomberg and the Financial Times wrote in their news pieces that Europe and the world have already stepped into an energy crisis, which could worsen this winter. Bosnia and Herzegovina is also facing the consequences of global trends, and one of the problems is the rise in energy prices.
Gavran believes that at some point the situation will have to stabilize at a global level.
When it comes to gas, he said, it is quite certain that the situation could be quickly improved if Nord Stream 2 is put in operation.
" In that case, there would be a drop in gas prices in Europe, which would also affect the fall in electricity prices in Europe, and there would be an immediate reduction in the pressure that is happening in BiH as well," said Gavran.
Speaking of oil and petrol, as he added, it is certain that there will have to be a drop because the price will probably be unsustainably high at some point, and consequently there will be harmful effects on the producers themselves. By deciding to increase production, that price should simply drop.
"In terms of electricity and the impact of taxes on CO2 in the EU, I am not so optimistic about that part because there is this over dogmatic view of the Green Agenda and whether the EU will be rational and reduce taxes to keep prices at an acceptable level," Gavran told FENA.
(FENA) S. R.
