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Brussels takes a first step to contain gas prices

2021-12-15T19:46:41.107Z


Pushed by Paris and Madrid, the Commission authorizes group purchases but on an exceptional basis. The pressure of the incessant surge in energy prices is starting to shake the lines. In a proposal to revise the rules of the European gas market to green it while guaranteeing affordable and transparent prices, the European Commission is in favor of the requests of certain countries, such as France or Spain. Timidly, it opens the door to strengthening storage capacities and joint purchases of gas


The pressure of the incessant surge in energy prices is starting to shake the lines.

In a proposal to revise the rules of the European gas market to green it while guaranteeing affordable and transparent prices, the European Commission is in favor of the requests of certain countries, such as France or Spain.

Timidly, it opens the door to strengthening storage capacities and joint purchases of gas.

To discover

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The group purchasing mechanism would operate on a voluntary basis.

That's good.

Spain, France, Greece and even Romania defend its usefulness, while others, such as Germany or Belgium, do not see it in the same way.

This "

could help

" the participating states to obtain

"better conditions on the market"

, prudently judges a European expert.

“Green” ambitions

Governments wishing to activate the mechanism will have to make a request to the European Commission, which can accept or refuse it.

Proof of enthusiasm after all ...

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Source: lefigaro

All news articles on 2021-12-15

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