Energy: European Union’s 27 member states are divided on gas price caps

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European Union energy ministers are meeting in Brussels to study two texts on energy prices.

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No 27 agreements on gas prices? The countries of the European Union were about to agree on Thursday 24 November to the Commission’s proposal to counter rising energy prices, but midway through the day, the The agreement was threatened by rebellion against plans to limit gas prices deemed sufficient. .

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At a meeting in Brussels, the European Union’s energy ministers must decide on a text that will strengthen the solidarity of the European bloc. It provides for group purchases of gas, a mechanism to ensure that countries at risk of shortages receive gas from other member states, and a “circuit breaker” to limit fluctuations in hydrocarbon prices on the market.

The second text in the table, also prepared by the Commission, aims at simplifying and expediting the approval of the installation of heat pumps and solar panels with the aim of promoting the production of “green” electricity for one year. is. These two texts, intended to apply as soon as Member States give the green light, are consensual.

There is a price cap for one year

But the European Commission’s alternative proposal to cap gas prices has jeopardized the deal and sparked protests. The device, announced on Tuesday, consists, among other conditions, in limiting the price of monthly contracts on the TTF reference gas market for one year as soon as it exceeds €275/MWh for two consecutive weeks. increase. In the midst of the price spike last August.

“At this level, it’s not a cap. These prices are threatening households and businesses. We’ve wasted a lot of time with no results.”Greek Minister Konstantinos Skrekas was outraged upon arrival, saying the agreement on solidarity and group-purchase measures would be contingent on an effective price cap.

“Joke! It’s minus 10 degrees here. We’re not going to keep talking about solidarity and renewable energy. We need to talk about gas price caps now.” Get new texts from EU officials “within a few days”wanted his Polish counterpart Anna Moskva.

An “unenforceable and ineffective” mechanism?

Spanish Minister Teresa Rivera condemned the commission’s proposal ‘No coercion, no effect’ cap and emphasize prices “A great concern for the majority of Member States” in this subject. “It’s important to reach agreement on all files at the same time (…) I don’t think it’s possible today.”said his Belgian counterpart Tinne van der Straeten.

If the proposed upper limit is “insufficient” When “It’s certainly not a response to rising prices.” But French Minister Agnès Panier-Lunachet called for other documents to be approved on Thursday. “Don’t mix everything up and move forward where you can.”she pleaded.

Source: Francetvinfo

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