Russian gas price cap proposal official – “Putin is using energy as a weapon to cut off supplies and manipulate Europe’s energy markets,” said Ursula von der Leyen
Ursula von der Leyen announced the Commission’s proposal, which is developed in four axes, to deal with the energy crisis.
More specifically, the proposal of the European Commission to the EU member states is as follows:
• Reduce electricity demand
• Russia’s natural gas price ceiling
• Help vulnerable consumers and businesses with income from the energy sector
• Enabling support for electricity producers facing volatility-related liquidity challenges
Ursula von der Leyen said that “Putin is using energy as a weapon to cut off supplies and manipulate Europe’s energy markets. It will fail. The Commission is preparing its proposal in order to help households and businesses manage high energy prices.”
The @EU_Commission proposal will aim to:
• Reduce electricity demand (peaks)
• Price cap on 🇷🇺 pipeline gas
• Help vulnerable consumers & businesses with income from the energy sector
• Enable support to electricity producers facing liquidity challenges linked to volatility— Ursula von der Leyen (@vonderleyen) September 5, 2022
Putin is using energy as a weapon by cutting supply and manipulating our energy markets.
He will fail.
Europe will prevail.
The @EU_Commission is preparing proposals to help vulnerable households and businesses to cope with high energy prices.
— Ursula von der Leyen (@vonderleyen) September 5, 2022
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