Commission outlines options to mitigate high energy prices

The Commission has been taking action since last Summer to mitigate the impact of high energy prices on households and businesses. Two weeks ago, President von der Leyen committed to present concrete exceptional short-term options by the end of the month to tackle the contagion of gas prices on the electricity market. The Commission has brought forward its work to feed into this week’s meeting of the European Council, and presented today a Communication setting out those options.

Several options for emergency measures to limit the impact of high electricity prices have been put forward by Member States. However, all options on the table carry costs and drawbacks. The short-term options on the electricity price can be broadly grouped in two categories: a) Financial compensation and b) Regulatory

Commission outlines options to mitigate high energy prices (europa.eu)