Czech Industry Minister Jozef Sikela, the country that holds the EU’s six-month presidency, has indicated that Europe must “restore the energy market”. “An EU-level solution is by far the best thing we can do,” he defended in a social media post.
Euskaraz irakurri: EBko Energy ministerak hilaren 9an bilduko dira krisi energetikoari aurre egiteko neurriak eztabaidatzeko
European Union energy ministers will meet in an extraordinary way on 9 September to discuss measures to “restore the energy market” amid rising prices in Europe.
“After a weekend of negotiations, I can announce that we have convened the extraordinary meeting of the Energy Council. We will meet in Brussels on September 9said Czech Industry Minister Jozef Sikela, a country holding the EU’s six-month presidency.
Sikela has indicated that Europe must “fix the energy market”. “A Solution at EU level It’s by far the best we can do,” he defended in a post on social networks.
Czech Prime Minister Peter Fiala announced an urgent meeting of energy ministers last week to discuss measures to address the energy market situation and plans for energy conservation to ensure the bloc’s energy security.
This meeting will come after this Monday, the President of the European Commission, Ursula von der Leyenconfirmed that Brussels is working on an “emergency intervention and structural reform of the electricity market”, after pointing out that it was designed “for different circumstances” and that it is behind the “exorbitant” prices on the continent.
“The era of Russian fossil fuels in Europe is over and freeing us from blackmail will give us more power to defend the world order,” the German conservative said at a forum in Slovenia.
These facts have revived the voices calling for more drastic action at the community level to collectively limit the gas price or even reform the European fringe system.
East Monday, The gas price on the Dutch TTF benchmark index has fallen by 16% to approximately €280 per megawatt-hour (MWh), but the reduction comes after last week with an increase of 39% to almost 340 euros MWh.
On the other hand, the price of electricity was paid this Monday at more than 630 euros per megawatt hour in Germany, Belgium or Denmark and above 730 euros in France, Italy, Romania, Hungary, Croatia or Austria.
In the Spanish state. the average price of electricity for regulated tariff customers linked to the wholesale market It will increase by 8.51% on Tuesday compared to this Monday, to 459.4 euros per megawatt hour (MWh), reaching a new maximum since the Iberian exception came into effect, according to preliminary data from the Iberian Energy Market Operator (OMIE) collected by Europa Press.
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Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.