Thursday, September 8, 2022

Von der Leyen announced a mandatory reduction of energy consumption in the EU

 The European Commission will propose a mandatory limitation of electricity consumption in the European Union during peak hours.

Among the proposals, the president of the European Commission (EC) presented the introduction of a revenue limit for companies producing electricity at low costs in the European Union, as well as a "solidarity contribution" by fossil fuel companies. As she argued, "all energy sources must help solve this crisis."

According to the Reuters news agency, the draft document prepared by the EC shows that Brussels plans to introduce an EU cap of EUR 200 per megawatt-hour for the price of electricity from generators that are not powered by gas.

The EC is developing emergency measures in this area to reduce rising gas and electricity costs this winter. The draft proposal also includes a country target to reduce electricity consumption by 10%. each month compared with the same period in the last five years.