Member of the European Commission (EC) for Energy Kadri Simson said that on Wednesday, September 14, the EC proposal to address a number of problems that have arisen in the EU energy market will be made public.
“Tomorrow we will submit a proposal that aims to eliminate these problems,” the European Commissioner said on Tuesday, speaking at the plenary session of the European Parliament in Strasbourg.
Among the measures, she, in particular, named a reduction in demand for electricity, limiting the income of energy companies that produce electricity at low costs, contributions from companies that receive excess profits for the production of gas, oil and coal.
Referring to Russian gas imports, Simson noted that a “ceiling” on Russian gas would solve the problem of price speculation. However, more work is needed to assess the risk of a possible negative impact of such a measure on some EU Member States. In addition, the European Commission will continue to analyze how a price cap on all gas imports could function and what the consequences would be.
