Italy approves $3.5 billion package to lower wholesale energy prices

The Italian government passed a 3 billion euro package today to reduce wholesale energy costs and support businesses. This move aims to narrow the price gap.

The Italian government approved a set of measures worth roughly 3 billion euros today, February 18, 2026, to cut wholesale energy prices in Italy ITIT. This initiative is intended to protect household purchasing power and support business competitiveness by addressing the structurally high power costs currently affecting the nation. The move comes as a response to the country's significant dependence on energy imports and the resulting price pressures on the domestic wholesale energy market.
Electrical power pylons of high-tension electricity power lines are pictured in Pietrafitta, near Perugia, Italy, November 16, 2022. REUTERS/Yara Nardi
Electrical power pylons of high-tension electricity power lines are pictured in Pietrafitta, near Perugia, Italy, November 16, 2022. REUTERS/Yara Nardi
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