The European Commission will bring forward a proposal for emergency measures in the coming weeks
EU package to target electricity demand
Emergency measures aim to lower power prices by reducing demand at peak times
The European Commission will bring forward a proposal in the next few weeks containing emergency measures designed to tackle high energy prices across the EU. Following a meeting of energy ministers attended by European Commissioner for Energy Kadri Simson on Friday, it was announced that the package would include measures to reduce electricity consumption at times of peak demand, set revenue caps for renewable and fossil fuel power generators, and introduce policies to stabilise electricity futures markets. “We need to keep up our work and determination on all fronts. Diversification of supply and demand reduction will be our main tools,” Simson says. Devil in the detail The measures will l
Also in this section
27 May 2025
EU Parliament and Council both agree to exempt bulk of importers from paying a carbon tax on goods imported into the EU
27 May 2025
Carbon capture, utilisation and storage needs stable policy, investable frameworks and coordinated infrastructure if it is to be developed at scale
19 May 2025
The two Gulf states are combining fossil fuel production with ambitions to become leaders in low-carbon energy
14 May 2025
Deal with Calpine shows oil and gas major ExxonMobil has no intention of curbing its CCS ambitions, despite US policy risks and broader scepticism over the energy transition
