Editorial

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Published: November 22nd, 2022,
Last updated: November 22nd, 2022

Dear reader,

The Commission presented the draft law on the gas price cap after all. Several member states are said to have threatened to block the next emergency regulation on the energy crisis if a draft is not submitted to energy ministers before their meeting on Thursday. But the Commission wants to impose another condition: If the market correction mechanism is indeed activated, it wants to extend the gas savings target beyond March 2023. As recently as Friday, however, the Permanent Representatives wanted to remove all conditions for the price cap, as Manuel Berkel learned.

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