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Simson-Dynamic Cap Could Be In By Winter If Member States Agree

EU COMMISSION

Wires carrying comments from European Energy Commissioner Kadri Simson stating that an EU dynamic price cap on Dutch TTF can be in place by this winter if member states can come to an agreement.

  • States that the Commission will put forward suggestions for the upper limit of the dynamic price cap.
  • Prior to yesterday's meeting of EU energy ministers, at last week's EUCO summit national leaders called on the Commission to “submit concrete decisions” regarding the dynamic cap. According to an EU dipomat speaking to Euractiv, 'there are now 12 countries in favour of the measure and 10 more who are cautious'.

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