Italy is set to become the first major economy to fundamentally reshape its power market and the costs associated with its green transition, aiming to dramatically reduce consumer electricity bills. Rome is spearheading this overhaul, signaling a potential shift away from traditional market structures that have kept prices elevated despite falling renewable energy costs. The plan targets green cost components, which currently account for a significant portion of household bills, proposing mechanisms to decouple these expenses from wholesale prices. This move could trigger a domino effect across Europe, pressuring neighboring nations to follow suit and potentially reshaping how carbon pricing is integrated into energy markets.