The Netherlands and Austria have abstained, while Hungary has opposed it. The mechanism will be activated when at the same time 180 euros are exceeded in the European market for three days in a row and there is a price difference of 35 euros with respect to international markets.
Euskaraz irakurri: EBko estatu kideek 180 euroko muga adostu dute gasarentzat Germanyren babesarekin
The Member States of the European Union have reached an agreement on Monday to apply a cap of 180 euros to the price of gas imports to the EU, as reported by the Czech presidency of the Council, an agreement that Germany has finally supported, but with the abstention of the Netherlands and Austria, while Hungary has opposed it.
The Energy ministers of the Twenty-seven came to this meeting with the mandate to agree on the market correction mechanism, after the ultimatum that European leaders gave them last Thursday in order to have a tool in 2023 to avoid excessive price spikes in the European market.
According to the agreement reached, the mechanism will be activated when at the same time 180 euros are exceeded in the European market for three days in a row and there is a price difference of 35 euros with respect to international markets.
The final agreement greatly reduces the proposal of the European Commission, which raised a ceiling of 275 euros/Mwh to the maximum price of gas, very far from the objectives of countries such as Spain, Belgium or Greece, the main promoters of the measure.
To soften Germany’s position, the countries have agreed to introduce into the regulation a voluntary assessment for member states, which will be able to identify specific exceptions provided for in community environmental legislation for the development of renewable energy.
Russia has described the agreement as a “violation” of the pricing method and an “intrusion” into market processes.
“This is a violation of the market pricing process (and) an intrusion into the market process,” Kremlin spokesman Dimitri Peskov said, adding that Russia’s response to the EU move will take time. since Moscow must “thoroughly weigh the pros and cons,” as reported by the Interfax news agency.
Source: Eitb
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