EU to produce more energy measures on Tuesday – Simson SHORT

2022-10-13

The European Commission will announce a new suite of measures to deal with the energy crisis next Tuesday. The EU’s Energy Commissioner Kadri Simson said next week’s proposals will contain four elements that will help lower prices and reinforce solidarity and security of energy supply. The proposals will include more gas reduction measures, common purchasing of gas and solidarity mechanisms for regions facing a larger supply crunch than others. Commissioner Simson said they’re also preparing an “alte...

The European Commission will announce a new suite of measures to deal with the energy crisis next Tuesday.

The EU’s Energy Commissioner Kadri Simson said next week’s proposals will contain four elements that will help lower prices and reinforce solidarity and security of energy supply. The proposals will include more gas reduction measures, common purchasing of gas and solidarity mechanisms for regions facing a larger supply crunch than others.

Commissioner Simson said they’re also preparing an “alternative” benchmark for gas prices which would be in place for the next “filling season”. But she said a temporary mechanism may be needed if negotiations to limit energy costs don’t happen fast enough.

Out words: inevitably entails

Dur: 00:17

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