As Europe’s winter begins in earnest, consumers and businesses alike are struggling with soaring energy costs. In response, the European Commission and Council of the European Union have stepped in with proposals to combat rising gas prices, further reduce gas demand in Europe and enhance critical infrastructure. These issues were front of mind when EU energy ministers met in December to debate a temporary gas market correction mechanism.
What comes next for EU energy policy?
As Europe’s winter begins in earnest, consumers and businesses alike are struggling with soaring energy costs. In response, the European Commission and Council of the European Union have stepped in with proposals to combat rising gas prices, further reduce gas demand in Europe and enhance critical infrastructure. These issues were front of mind when EU energy ministers met in December to debate a temporary gas market correction mechanism.
For both the public and private sector, this is far from the end of the conversation about the energy crisis. AmCham EU's new position paper lays out American industry’s views on a wide array of ongoing energy policy work from the EU institutions. Above all, the EU institutions must follow better regulation principles and avoid conflicting requirements in order to maintain the bloc’s attractiveness for investment and protect consumers and companies from unaffordable energy prices.
Read AmCham EU’s position on short, medium and long-term proposals aimed at ameliorating the energy crisis.
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