EU to discuss urgent measures in connection with rising energy prices

EU to discuss urgent measures in connection with rising energy prices

The EU will discuss urgent measures in connection with the rise in energy prices

EU flags near the organization's headquarters in Brussels   The EU will discuss urgent measures in connection with the rise in energy prices

On September 9, EU energy ministers will consider limiting gas prices and loans for energy market participants

EU energy ministers will discuss options for curbing the rapid rise in energy prices , including capping gas prices and emergency loans for energy market participants.

This is stated in a document reviewed by Reuters.

EU ministers will meet on September 9 to to discuss urgent bloc-wide measures in response to the sharp rise in gas and electricity prices after Russia cut gas supplies.

The document, seen by Reuters, says ministers will consider such options such as limiting the price of imported gas, limiting the price of gas used for electricity generation, or temporarily excluding gas-fired power plants from the EU's pricing system. on electricity.

A document prepared by the Czech Republic, which currently holds the EU Presidency, says ministers will also consider providing urgent “pan-European credit support” for energy market participants.

Finland and Sweden on Sunday announced plans to provide energy companies with billions of dollars in liquidity guarantees.

electricity supplied by companies that do not use gas to generate it.