European lawmakers demand action to rein in gas prices, and the EU Commission has drafted a plan. However, gas prices constitute tricky puzzle: No matter how it’s approached, Europe faces an energy shortage in the next six months. The only way to help consumers is through aid, but this is a potentially costly and dangerous path, says analyst.

Another two weeks will elapse before Baltic Pipe’s receiving terminal in western Denmark comes online. Gas flows uninterrupted through the pipeline to Poland, however.

As the EU works to ensure better energy contracts with Norway to temper surging gas prices, Norwegian Prime Minister Jonas Gahr Støre passes the matter on to the industry. ”It’s Norwegian companies that sell gas,” he says in Prague.

Amidst intensifying discord and debate on how to tackle Europe’s high gas prices, the EU Commission presents a plan for the union’s heads of state and government to discuss.

With the nation now in election mode, the Danish Liberal Party proposes divesting state interest in the utility’s offshore wind business to finance green transition investments of DKK 60bn. How such a sale would be executed remains unclear.