The Czech Republic calls for an EU emergency meeting on the energy problem
The Czech Republic, which holds the rotating presidency of the European Union, will convene an urgent meeting of the bloc's energy ministers to discuss specific emergency measures to address the energy situation, Czech Prime Minister Petr Fiala said on Friday, while the energy crisis in the EU worsens with prices reaching new records.
Jozef Síkela, Minister of Industry and Trade of the Czech Republic, also tweeted on Friday: “We are in an energy war with Russia which is harming the entire EU. In agreement with the European Commission and Prime Minister Fiala, I will propose to convene an extraordinary meeting of the EU Energy Council as soon as possible ”.
O variantách, jak obnovit funkčnost trhu s energiemi jednáme už nějakou dobu jak s Evropskou komisí, tak dalšími unijními partnery. Spolu s EK nyní navrhovaná opatření dopracujeme a představíme. Poté je projednáme na mimořádné radě ministrů, kterou jako předseda svolám.
– Jozef Síkela (@JozefSikela) August 26, 2022
EU energy ministers have scheduled a regular meeting for October, but given the surge in gas and electricity prices, the EU's rotating president, the Czech Republic, wants to call a summit on the first possible.
Meanwhile, year-on-year electricity prices in France, Germany and the Nordic countries jumped to new records on Friday as natural gas supplies from Russia continue to be limited ahead of the winter.
The surge in energy prices is fueling inflation and weighing on households and industries across Europe.
In France, annual electricity prices jumped 13% on Friday alone, reaching $ 1,003 (€ 1,000) per megawatt hour for the first time ever. In Germany, year-on-year electricity prices hit a record $ 843 (€ 840) per MWh last Friday, up 50% this week alone.
Energy prices in Europe hit record-breaking records throughout the week after Russia's Gazprom said Friday it would cut off all supplies via Nord Stream to Germany for three days between August 31 and September 2. This announcement has raised new concerns that supplies through the pipeline could be further reduced or stopped altogether after the three-day unscheduled maintenance in late August.
Also in Europe, even if outside the EU, EDF, the French company that also operates in the United Kingdom, warned at the beginning of the week that as many as half of British households could find themselves in conditions of fuel poverty due to inexorable rise in energy prices.
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The article The Czech Republic asks for an emergency meeting of the EU on the energy problem comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/la-repubblica-ceca-chiede-una-riunione-demergenza-della-ue-sul-problema-energetico/ on Sat, 27 Aug 2022 08:00:05 +0000.