Energy Brussels studies how to cap the price of gas in the EU
Energy crisis Brussels prepares an "emergency intervention"
Germany wants
windfall profits
made by some energy companies due to high market prices to be used to ease household bills.
The chancellor, Olaf Scholz, has advanced that in his government's document on aid to combat inflation, a measure "of partial deduction of random profits
" of these companies
is advocated .
The measure will be implemented within the framework of the European Union, although the chancellor has clarified that it will be done as soon as possible in Germany: "
The producers take advantage of the very high
gas prices that determine the price of electricity", added the Chancellor during a press conference.
EU "emergency intervention"
A few days ago,
Ursula von der Leyen
, president of the European Commission, announced that her team is preparing an "emergency intervention" and a
"structural reform"
of the EU electricity market to stop the unstoppable rise in electricity prices.
The 27 energy ministers will meet on September 9
to address the uncontrolled rise in prices.
Everything indicates that it may be the prelude to a European summit of leaders, an initiative that Italy has been pushing for weeks.
Among the topics to be debated will be the famous 'decoupling', that is,
the way to separate the price of electricity from the cost of gas.
The proposal has been gaining support in recent days.
With the 'Iberian exception', Spain was ahead of this step by decoupling the price of this fuel, which has resulted in electricity prices up to three times cheaper than in the rest of the community partners.
The 'Iberian mechanism', which came into force on June 15, limits the price of gas for electricity generation to an average of 48.8 euros per MWh over a period of 12 months, thus covering the coming winter, a period in which which energy prices are more expensive.
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Olaf Scholz
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