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EU Energy Ministers Set Cap on TTF Gas Market at 180 Euros per MWh

MOSCOW (Sputnik) - EU energy ministers reached a political agreement on a temporary mechanism to limit excessive gas prices, setting a price cap at 180 euros. 19.12.2022, Sputnik International

European commissionAgency for the cooperation of energy regulatorsTitle transfer facilityEnergy regulatorsGas prices

Council agrees on substance of new measures on joint purchases of gas and a solidarity mechanism

EU energy ministers today agreed on the content of the proposal for a Council regulation on further temporary emergency measures to contain high energy prices and improve security of supply. The new measures will improve solidarity in case of a real emergency and shortage in gas supply shortage, ensure a better coordination of joint gas purchases, limit volatility of gas and electricity prices, and set reliable gas price benchmarks.

Czech republicEuropean councilAgency for the cooperation of energy regulatorsEnergy communityJozef sikelaEnergy regulatorsTitle transfer facilityMarkets authority

EU suggests 275 euro/MWh gas price cap

The mechanism can be activated as of 1 January 2023

Journal of the european unionEnergy kadri simsonEuropean central bankEuropean commissionAgency for the cooperation of energy regulatorsTitle transfer facilityMarket correction mechanismEnergy regulatorsOfficial journalEuropean unionEuropean securitiesMarkets authority

European Commission Proposes Safety Ceiling on Gas Prices

MOSCOW (Sputnik) - European Commissioner for Energy Kadri Simson presented on Tuesday a Market Correction Mechanism to curb extreme gas price surges in the. 22.11.2022, Sputnik International

European unionEuropean commissionAgency for the cooperation of energy regulatorsTitle transfer facilityEnergy regulatorsEuropean union eu

European Commission proposes cap on month-ahead gas futures of $3,000/thousand cubic meters, price seen for only week in all history

European Commission proposes cap on month-ahead gas futures of $3,000/thousand cubic meters, price seen for only week in all history
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Journal of the european unionEuropean commissionAgency for the cooperation of energy regulatorsDutch title transfer facilityEnergy regulatorsOfficial journalEuropean union