Energy Poverty in Italy
Over the last 15 years, Italian households have experienced a remarkable increase in gas and electricity prices (+80% and + 60% respectively). As a consequence, the share of heating and electricity costs on total expenditure has reached its historical height of almost 6%. On Thursday, September 18, 2014, Ivan Faiella, Bank of Italy, will present a study that investigates whether these dynamics are leading to a problem of energy poverty (EP). Indeed, despite the existence of two targeted national programs (“Bonus gas” and “Bonus energia”) in Italy there is no official definition of EP and the purpose of this study is to provide the reader with a set of indicators to fill this gap.