Ursula von der Leyen: Europe ready for a gas-to-electricity price ceiling

The gas emergency is a hot topic on the table of all European leaders. The plenary session of the European Parliament in Strasbourg was dedicated to this crucial issue, where the President of the Commission, Ursula von der Leyen, took the floor and opened the possibility of introducing a ceiling on the price of gas for the production of electricity. “The European Union is ready to discuss a ceiling on the price of gas to produce electricity.” This was stated by the President of the European Commission, Ursula von der Leyen, speaking at the European Parliament meeting in plenary to discuss the latest developments in the war in Ukraine. Russian President Vladimir «Putin used energy as a weapon, causing economic and social hardship. The measures we implement provide us with a first protective buffer. We will now take a step forward to deal with rising energy costs,” said Von der Leyen.

Von der Leyen also emphasized the need to maintain unity and political purpose on the European continent. “In carrying out our action, two things remain fundamental: acting in a united and united way – continued von der Leyen – We must protect the foundations of our economy and, in particular, our single market. This is the strength of the European Union, this is where the wealth of the European Union comes from. Without a common European solution, we risk fragmentation,” he underlined. “It is therefore essential to maintain a level playing field for everyone in the European Union.”

Finally, the reference to the recent gas pipeline explosions in the Baltic Sea. “The acts of sabotage against Nord Stream pipelines have shown how vulnerable our energy infrastructure is. For the first time in recent history, they became a target. Undersea pipelines and cables connect European citizens and businesses with the world. They are the lifelines of data and energy. It is in the interest of all Europeans to better protect this critical infrastructure”

Source: IL Tempo

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