The Europeans, who are holding a summit where debates on energy will be central, unveil a third series of proposals in five months.
Europeans are torn between the need to act against soaring energy prices and their desire to reduce dependence on Russian imports. On the eve of a European summit where debates on energy will be central, the European Commission is putting a new series of options on the table.
Read alsoWar in Ukraine: the EU would manage to do without a third of Russian gas, at the cost of enormous efforts
For this third series of proposals in five months, inevitably, certain already known ideas stand out. The Member States are also called upon to make better use of the relaxations already granted on State aid benefiting businesses or households.
Other options, hitherto little developed, have gained credibility. Long reluctant, the European executive gave in to growing pressure and agreed to consider intervening in the energy markets. For each option, the budgetary risks, distortion of competition and slowing down of the green transition are pointed out. All measurements should be “exceptional” and to «court terme».
Intervene in the wholesale electricity market
An intervention…
This article is for subscribers only. You have 76% left to discover.
Cultivating your freedom is cultivating your curiosity.
Keep reading your article for 1€ the first month
Already subscribed? Login