EnergyWatch

EU Commission proposes temporary cap on gas prices

Despite dissent in the EU on a gas price cap, the EU Commission is putting forward a proposal on a temporary ”dynamic ceiling” Tuesday.

President of the EU Commission Ursula von der Leyen met with commissioners on a video call Sunday to discuss emergency measures to rein in gas prices. | Photo: Joe Klamar/AFP / AFP

Following last week’s meeting between European energy ministers, European Commissioner for Energy Kadri Simson stated that the EU Commission would spend the weekend looking into how to proceed with a price cap on gas.

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