Energy and economy In the face of Russia’s weaponisation of energy, the European Union will remain united to protect its citizens and businesses and take the necessary measures as a matter of urgency. The European Council has agreed that in light of the ongoing crisis, efforts to reduce demand, to ensure security of supply, to […]
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Council agrees on emergency measures to reduce energy prices
EU energy ministers have reached on 30 september, a political agreement on a proposal for a Council Regulation to address high energy prices. The regulation introduces common measures to reduce electricity demand and to collect and redistribute the energy sector’s surplus revenues to final customers. Electricity demand reduction The Council agreed to a voluntary overall […]
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SOTEU 2022: Commission proposes emergency market intervention to reduce bills for Europeans
The Commission is proposing an emergency intervention in Europe’s energy markets to tackle recent dramatic price rises. The EU is confronted with the effects of a severe mismatch between energy demand and supply, due largely to the continued weaponisation by Russia of its energy resources. To ease the increased pressure this puts on European households […]
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Extraordinary Transport, Telecommunications and Energy Council (Energy), 9 de septiembre de 2022
Main results EU energy ministers held two exchanges of views on the energy situation in the EU. Measures to mitigate high energy prices During the first discussion ministers expressed their preferences on different policy options to alleviate the burden of high energy prices on citizens, public services, businesses and industry, which could be implemented at the EU-level in a short […]
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Commission registers two new initiatives, on renewable energy and on protecting rural heritage
The Commission decided to register two European Citizens’ Initiatives, entitled ‘Every European house equipped with 1 kW photovoltaic and 0.6 kW wind turbines using EU funding through the municipalities alone’ and ‘Protect the EU’s Rural Heritage, Food Security and Supply’. The organisers of the initiative on renewable energies call for action to build and install […]
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Statement by President von der Leyen on energy
We are facing an extraordinary situation, not only because Russia is an unreliable supplier, as we have witnessed over the last days, weeks, months, but also because Russia is actively manipulating the gas market. I am deeply convinced that with our unity, our determination, our solidarity, we will prevail. And we have, over the last […]
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Extraordinary Energy Council: EU countries agree to reduce gas demand by 15%
At an extraordinary meeting of the Energy Council, EU ministers committed to reducing gas demand by 15% this winter, as a demonstration of solidarity. This reduction is voluntary but could become mandatory if a security of supply alert is triggered. EU energy ministers reached a political agreement on a voluntary reduction of natural gas demand […]
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Council endorsement of the regulation to reduce gas demand: Statement by the President Ursula von der Leyen
Today, the EU has taken a decisive step to face down the threat of a full gas disruption by Putin. I strongly welcome the endorsement by Council of the Council Regulation on coordinated demand reduction measures for gas. The political agreement reached by Council in record time, based on the Commission’s proposal “Save gas for […]
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Spain’s assessment of the European Commission’s ‘Save gas for a safe winter’ package
Teresa Ribera, Vice-President of the Government and Minister for Ecological Transition and the Demographic Challenge, has called for a debate on the ‘Save gas for a Safe winter’ package presented yesterday by the European Commission aimed to reduce the impact of a possible total cut-off of Russian gas supplies to the EU: “we understand that […]
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