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No agreement was reached on a gas cap (Photo: State Emergency Service of Ukraine)

The EU gas cap: will the bottle ever be 'uncorked'?

EU energy ministers entered a council meeting disgruntled on Thursday (24 November), where they were scheduled to discuss a widely derided EU Commission proposal to cap the gas price at €275 per megawatt-hour.

The plan had been criticised by experts and politicians alike, who pointed out the ceiling was put at such a high level it was unlikely ever to apply. Both the Spanish and the Polish energy ministers already described the cap as a "joke" in media ahead of the meeting.

"I ex...

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

No agreement was reached on a gas cap (Photo: State Emergency Service of Ukraine)

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

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