EU shield on energy is what will be discussed this week and precisely Wednesday in the meeting between technicians and ambassadors of the 27 in view of the summit of the energy ministers set for next Friday. Among the options under consideration is setting a ceiling on the price of gas arriving from Russia in order to reduce Moscow's earnings. But to work, as long as it is Gazprom does not decide the total blocking of supplies, the EU countries and their respective companies must first agree to proceed with joint purchases.
Another option is to pay for gas at market prices and then distribute it at controlled prices thanks to the difference charged to individual states and the EU.
The package of interventions is also being studied by the EU Commission "to optimize the functioning of the European electricity market - as stated in an unofficial document, reported by Ansa, - e reduce the impact of expensive gas on the costs incurred by consumers ".
The three moves of Brussels. First of all it will be necessary to implement an agreed and planned reduction in electricity consumption. Therefore, to fix an 'administered' ceiling on the price of electricity produced with sources other than gas which would continue to be sold at market prices.
Finally, to give the State the possibility of using what is collected by companies through the difference between the pre-established price and the market price to provide refreshments to consumers and businesses. All this by leveraging onArticle 122 of the EU Treaty. A hypothesis that has been reached, is explained in the document, after having analyzed and rejected for various reasons the 'Europeanization' of the interventions already implemented in the Iberian Peninsula and Greece, as well as options such as the suspension of the wholesale gas market or the pure and simple setting of price caps on electricity.