Parts of Ursula von der Leyen’s speech yesterday sounded like an appeal as the Commission President presented her experts’ package of measures for lower energy prices. “As soon as the Council has agreed on these principles, we will work them out,” von der Leyen said in Strasbourg. She was talking about the Commission’s idea for […]
For months, some member states have been lobbying for a general gas price cap in the EU. The Commission now presents the compromise: The Council is to set a dynamic price cap for the main benchmark TTF, according to a draft Council regulation from the Commission, which was available to Europe.Table on Monday. The Commission […]
The energy platform is like a miniature EU. Cooperation is good for everyone, but behind the scenes, there is fierce bickering – over influence, ground rules, and finances. Just a few weeks after Russia’s attack on Ukraine, the Commission first proposed a joint European platform to secure new, favorable contracts with major gas exporters. But […]
Following the ministerial meeting, Energy Commissioner Kadri Simson announced yesterday afternoon that the Commission would present four initiatives for further action on Oct. 18.Two proposals are intended to ensure that EU states do not drive up each other’s prices again when refilling storage tanks from next spring. Commission President Ursula von der Leyen had already […]
A day before the heads of state and government will meet, several EU members sent a more detailed proposal for an EU-wide gas price cap to the Commission yesterday. In the three-page document, which is available to Europe.Table, the supporters propose a three-step approach and attempt to address several concerns raised by the Commission.The paper […]
Despite new LNG terminals, the German government expects gas storage levels in 2023 to be lower than in the current year by summer. For May 1, Berlin expects German storage facilities to be only ten percent full. By contrast, at the beginning of May this year, German storage facilities were still around 36 percent full, […]
The Commission has approved €1 billion in aid for Salzgitter’s green steel production. “With this measure, Germany supports Salzgitter’s plans to decarbonize its steel production processes through the use and production of renewable hydrogen,” Commission Vice President Margrethe Vestager announced yesterday.The steel group plans to replace its blast furnace with direct reduction using green hydrogen […]
Today, for the first time, you will receive Europe.Table on a Saturday. The reason: Last week, we were a media partner at the Berlin Energy Days, one of the major conferences in Germany. Every morning, our editorial team provided you with an outlook on the program highlights and summarized the most important results of the […]
The EU Commission has warned against a Europe-wide price cap on gas markets. “Such a measure would require a political decision in advance on the method of allocating gas to member states and the criteria to be used in doing so,” it said in an analysis sent to member states on Wednesday evening.A general gas […]
The Commission wants to speed up energy independence and further strengthen cooperation and solidarity between member states, Monika Zsigri, head of the Energy Platform Task Force, announced on Wednesday at an event organized by Eurogas.The Commission official continued to be reluctant about a price cap on gas, which some member states call for. As President […]