Posted: 10.10.2022 10:28:00

Ursula von der Leyen proposes EU states measures to cap gas prices

European Commission President Ursula von der Leyen proposes options that could help bring down the cost of natural gas, with a corresponding letter being sent to the leaders of the EU member states, RIA Novosti reports

Photo: www.reuters.com

EU Chief proposes to accelerate negotiations with the main suppliers of energy resources to Europe – the United States and Norway – in order to reduce the cost of gas.

Ursula von der Leyen recommends joint procurement of blue fuel in the EU in order to reduce competition between European countries when looking for suppliers.

She also paid special attention to the topic of saving gas in the EU countries, pointing to the need to use energy resources prudently and to reduce demand.

European Commission President drew attention to how much electricity prices in EU countries depend on the cost of gas, suggesting that steps be taken to reduce this dependency.

“We must limit this inflationary impact of gas on electricity throughout Europe. Therefore, we are ready to discuss the introduction of a ceiling on the prices of gas used for electricity generation,” she explained.

Von der Leyen believes that the European Union needs to come to energy independence. This requires more investment in renewable energy, infrastructure and energy efficiency.