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Several EU member states set a price ceiling for energy / Article & More Latest News Here

 

For Czech households and individual consumers, the price of electricity will not exceed six crowns, or 24 euro cents per kilowatt hour, and the price of gas – three crowns, or 12 euro cents. Local governments and state institutions will also have to purchase energy at such prices through the state company.

The Czech Republic is currently the presiding country in the bloc, and a meeting of energy ministers of the member states has already taken place in Prague. No concrete agreement has been reached and discussions will continue on September 30.

The Estonian Parliament has adopted amendments to the laws, which provide for the possibility for households to receive electricity at the price of the Competition Council. The regulator should determine it by September 30, based on production costs.

French Prime Minister Elizabeth Born announced that starting next year, electricity and gas prices will rise by only 15%, while 230 million euros will be allocated to help people provide heating. On the other hand, the leader of Poland’s ruling party “Law and Justice”, Jaroslav Kaczynski, has promised to provide every household with 2000 kilowatt hours of electricity at a fixed price.

CONTEXT:

After Russia’s invasion of Ukraine, a significant increase in the prices of energy resources can be observed. Opinions are divided in the Latvian Saeima on the idea of ​​a price ceiling for energy resources, but there is a consensus that the existing support is not enough.

As the heating season approaches, support for residents in the energy price crisis has been approved in Latvia – partial compensation for heating, pension supplements, as well as a wider housing benefit. The parties forming the government also agreed on support for companies in the energy price crisis, which could cost up to 200 million euros. At the same time, the politicians admitted that they may have to decide on additional support. The introduction of a price ceiling for energy resources is being discussed, which the country would have to borrow.

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The Article Is In Latvian🡽

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