Security of supply – energy prices: crisis summit in the chancellery

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Due to the price explosion, the Chancellor and representatives of the Austrian energy suppliers are meeting for a crisis summit in the Chancellery. As the “Krone” learned, the government is consulting with energy experts. The focus is on security of supply.

Because the exploding electricity prices lead to excess profits for the large electricity producers, but the smaller electricity suppliers are coming under increasing pressure to finance electricity purchases. Verbund boss Michael Strugl, E-Control board member Wolfgang Urbantschitsch and Wien-Energie boss Michael Strebl have been invited by the E-Wirtschaft.

Will the electricity price be decoupled?
In order to find an EU-level solution, Chancellor Karl Nehammer is said to have often consulted with German Chancellor Olaf Scholz and Czech Prime Minister Petr Fiala. There are different approaches. The most likely variant is a decoupling of the electricity price from the gas price. Or an EU-wide ceiling for electricity prices.

Source: Krone

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