Gas price ceiling proposed by Brussels divides EU countries

for now no consensus European Union put a cap on the gas price Russia, nor a ceiling on the price of natural gas imported from other countries. On the other hand, there is an a priori appetite to implement the measures. reduce electricity demandas with gas, supporting energy operators affected by the crisis with new liquidity lines or snow cap Number of companies producing electricity with marginal technologies – renewable and nuclear – at lower costs. All these measures will be discussed. EU energy ministers He urged to find a “common denominator” to deal with the crisis at an emergency meeting this Friday.

“At the end of the meeting, we should have a clear picture of what the Council expects, which sends a clear message to the European Commission of what we expect it to propose. It is very important to show our unity, to give a clear signal to the outside world that we are ready and have a plan”, sources from the Czech EU presidency describe a meeting that will take place. two slopes: How to reduce high energy prices and availability of gas reserves in winter. The second is not controversial. Deposits are above the target set for end-October, at 83% of their capacity, and a complete shutdown of Russian gas will change the situation, although there is no undue concern despite Moscow’s decision to paralyze the North indefinitely.

The discussion about new measures will be more dangerous. lower gas and electricity pricesincreased by almost 300%. The real war will not begin until Brussels presents its legislative proposals—presumably next Tuesday—but this Friday’s emergency meeting will act as a thermometer to set priorities. Despite being President of the European Commission, Ursula von der Leyen Proposed limiting the price of Russian gas, more than half of Member States disagreeaccording to diplomatic sources. On the other hand, there are others who want a global border for all third countries, an idea that Brussels has been working on but has not yet brought up.

“Imposing an upper limit on the price of Russian gas will not lower prices. We see that there isn’t a lot of Russian gas reaching Europe, so I don’t see any added value in that. We must fix the base, intervene in the wholesale market with a fixed price, set an upper limit on the gas price so that it will affect energy and industry,” reminded the Belgian energy minister, Tinne van der Straetteabout something that countries love Italy anyone Poland. Austria It is another of the countries that oppose Europe’s plan to put a ceiling on the price of Russian gas. We are prepared to examine this carefully” but “it would be unwise to impose a price unilaterally”, replied diplomatic sources from another northern European country, that it is more efficient to negotiate a specific price with suppliers.

It arouses sympathy for reducing electricity demand, as with gas, but it is not yet clear whether it will be mandatory or voluntary, as Brussels has proposed – with a 5% cut during peak hours. The idea of ​​capping the unexpected profits of inframarginal technologies and channeling that money to reassure consumers also sounds good to the Twenty-Seven. “It is an element where there is a good atmosphere but the devil is in the details but there is a good atmosphere,” diplomatic sources say. They are also moving towards convergence in the possibility of using new emergency liquidity tools to support energy operators or review the CO2 emission rights system, according to presidential sources. Anything put on the market in the short term should be time-limited, not compromise the security of supply, and protect the domestic market.

Source: Informacion

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