Brussels to propose mandatory electricity curbs, contributions from energy firm profits, and cap on Russian gas -von der Leyen

Published 12:44 on September 7, 2022  /  Last updated at 15:13 on September 7, 2022  /  EMEA, EU ETS  /  No Comments

European Commission President Ursula von der Leyen announced Wednesday that Brussels is planning a set of measures to shield vulnerable consumers and businesses, with the emergency package featuring a mandatory target for reducing electricity use during peak hours, the introduction of a windfall tax on generators using other sources than gas and a cap on gas flows from Moscow.

European Commission President Ursula von der Leyen announced Wednesday that Brussels is planning a set of measures to shield vulnerable consumers and businesses, with the emergency package featuring a mandatory target for reducing electricity use during peak hours, the introduction of a windfall tax on generators using sources other than gas and a cap on gas flows from Moscow.

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