Brussels
18
10
2022
EUROZONE / ENERGY

EU Commission set to propose potential ‘dynamic’ gas price cap

The European Commission is set to propose this week a last-resort “dynamic” price cap for natural gas in the European Union and mandatory limits on the degree to which traded prices can fluctuate in a single day, according to a draft proposal.
The European Commission is set to propose this week a last-resort “dynamic” price cap for natural gas in the European Union and mandatory limits on the degree to which traded prices can fluctuate in a single day, according to a draft proposal.