The EU set a Gas Price Ceiling of 180 euros/MWh

Business » ENERGY | December 19, 2022, Monday // 19:07
Bulgaria: The EU set a Gas Price Ceiling of 180 euros/MWh @Pixabay

The energy ministers of the EU member states have agreed on the exchange price of gas and are introducing a ceiling of 180 euros/MWh.

This was the Czech proposal, which was intended to satisfy all the claims - both of the countries that want a cap and those that are against it. At today's meeting, a compromise was reached to vote with a qualified majority.

It became clear from the meeting that Hungary voted “against” the gas cap, while the Netherlands, Germany and Austria voted "abstention".

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Tags: gas, price, CAP, EU

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