Gas storage facilities: Commission wants to allow subsidies

In the gas crisis, the EU Commission does not raise hope that the situation will ease soon. “Gas and electricity prices will remain high and volatile until at least 2023,” the authority writes in a draft communication on energy prices obtained by Europe.Table. Commission Vice President Frans Timmermans plans to present the final version of the 30-page paper on March 2. The draft suggests that additional financial resources from state budgets or consumers may be needed for greater security of supply.

Continue reading now

Get 30 days of free access to the Decision Brief to read these and more quality news every day.

Are you already a guest at the Europe.Table? Log in now

Related

    16+1: The Baltics leave, but Hungary remains loyal to China
    Open RAN: Study warns of risks
    Energy saving plans in Europe and across the globe
    How Madrid wants to supply Europe with gas