- The European Commission on Wednesday (14 September) announced two demand reduction targets for electricity, including a binding reduction goal of 5% at peak consumption times, ahead of a difficult winter caused by dwindling gas supplies from Russia.
- The price cap on cheap electricity received “broad support” at a meeting of energy ministers on Friday, according to Vijlbrief, but there was a “division of opinion” on a price cap for gas.
- The price cap on gas is noticeably missing from the proposals and the EU executive is still working on a model that EU countries could agree on and one that would not jeopardise Europe’s security of supply.
Brussels tables 5% mandatory energy savings goal ahead of difficult winter
