The European Commission proposed to make the limitation of gas prices for industry temporary

European Commission President Ursula von der Leyen, speaking in the European Parliament on October 5, said that the introduction of a gas price ceiling for industry would be temporary. The restriction will remain in effect until a new energy price index is agreed upon.

“The introduction of a cap on gas prices is a temporary solution until we develop a new European price index that will ensure a better functioning of the market. The commission has already begun to work on this, ”leads Reuters words of Mrs. von der Leyen.

She also drew attention to the functioning of the electricity market in the European Union. “Our electricity market functions in such a way that an increase in the price of gas leads to an increase in the price of electricity. We must limit this inflationary impact of gas on electricity throughout Europe. Therefore, we are ready to discuss the introduction of a price ceiling for gas used for electricity generation,” the head of the EC said.

According to Ursula von der Leyen, Russia’s share in gas supplies to the EU has decreased to 7.5% – earlier, before the entry of Russian troops into Ukraine, this figure was 41%. September 30 Reuters reportedthat the countries of the European Union cannot reach a consensus on the issue of setting marginal prices for gas from Russia.

On marginal prices for energy resources – in the publication “Kommersant” “Oil and gas covered ceilings”.

Andrey Sapozhnikov