A list of emergency energy price-control measures to be discussed by the EU-27 energy ministers at an extraordinary meeting on September 9 make up a document prepared by the EU’s Czech presidency.
The proposals to be discussed, nine in total, include temporary caps on the price of natural gas used for electricity generation as well as plans for a reduction of electricity consumption.
Member states are already forming alliances and preparing to back preferred strategies ahead of the emergency meeting.
The document highlights the need for a united European response to soaring energy prices, while also underlining the difficult winter that lies ahead. “The resilience of the European energy market will be tested in the coming winter,” the document notes.
The list of proposals to be discussed also includes a temporary cap on the price of imported natural gas from specific sources of origin, as well as temporary exclusion of natural gas power plants from energy exchange clearing prices.