Published: December 13th, 2022,
Last updated: December 21st, 2022
Last night, the EU ambassadors met again to clear the way for a milestone: The decision on the gas price cap is to be made today in the Council. At stake are the joint purchase of gas and the rapid expansion of renewable energies, as Manuel Berkel analyzes. An agreement is needed „now“ on the emergency regulation on joint gas purchases, Commission President Ursula von der Leyen said yesterday. IEA Director Fatih Birol has unpleasant news: The EU faces a massive gas shortfall next year, he said.