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Parliamentary question - E-002848/2022Parliamentary question

    Commission measures on natural gas and the rise in electricity prices

    Question for written answer  E-002848/2022
    to the Commission
    Rule 138
    Tomáš Zdechovský (PPE)

    Energy prices are continuing to skyrocket throughout the EU, aggravating the cost of living crisis for Europeans. For instance, the price of electricity for next year’s delivery has risen by 340 % to EUR 650/MWh on the German exchange, while the gas price traded in the Netherlands has increased by 200 % to EUR 280/MWh. Furthermore, experts are highly concerned about market physicals and dynamics[1].

    Coordinated action at a European level could radically offset price spikes. In June 2022, EU leaders reiterated their invitation to the Commission to explore the feasibility of introducing temporary price caps where appropriate[2]. Furthermore, last month the Commission submitted a proposal to reduce consumption across all Member States by 15 %.

    In the light of the above:

    Last updated: 1 September 2022
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