Commission warns against gas price cap

Yesterday evening, the Commission sent its non-paper on the gas price cap to the member states. At their meeting three weeks ago, the energy ministers had insisted on proposals. But the Commission now drastically shows the consequences of a general gas price cap.

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.

Sign up now and continue reading immediately