The informal meeting of EU leaders failed to reach specific results on addressing the energy crisis

2022-10-08

The informal meeting of EU leaders was held in Prague, the capital of the Czech Republic, on the 7th. The leaders at the meeting held consultations on energy issues, but no specific results were reached. At the joint press conference held after the meeting, European Commission President Von Delain said that in order to cope with the current rising natural gas prices and electricity prices, the European Commission would come up with detailed proposals in the coming weeks, including negotiating with suppliers on a reasonable price range, limiting the market price of natural gas and its impact on electricity prices. Von Delain said that it can be clear that it is crucial for the EU to promote joint gas purchase when natural gas stocks run out next spring. In addition, she called for increased investment in renewable energy and protection of key infrastructure. President Michel of the European Council also stressed the importance of reducing energy consumption and energy demand and ensuring the security of energy supply. Due to the different energy demand, dependence on suppliers and energy structure of EU member states, the different adjustment capacities, and the fact that relevant decisions must first be made from their own interests, there are always differences that are difficult to bridge in the introduction of the EU's internal coordination of the overall energy policy. Although EU member states have agreed to take joint measures to deal with the serious energy supply tension, the EU has failed to make breakthroughs in such issues as setting a ceiling on natural gas prices for several weeks. Observers pointed out that every country in the European Union agreed to lower the current energy price, but differences emerged in the way of alleviating the energy crisis. There is still much work to be done before an agreement can be reached. It is reported that the European Commission will propose a broader set of short-term price reduction measures and long-term measures to redesign the electricity market at the EU Summit held from 20 to 21 this month. (Liu Xinshe)

Edit:He Chuanning    Responsible editor:Su Suiyue

Source:Xinhua

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