The European Union weighs the ceiling of temporary gas prices to meet the different costs with us

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Brussels weighs new powers to temporarily achieve the prices of European Union gas, which recently achieved record levels compared to the United States.

European natural gas prices were traded at the top in More than two years This week, partially due to low temperatures and wind shortages that hindered the production of renewable energy. It ranges between three and four times from the United States, providing a critical obstacle to European companies.

Three people with knowledge of the talks said that the European Commission is studying the maximum as part of discussions on the “clean industrial deal” policy that will be presented next month.

The strategy paper must define ways to support heavy industries in the European Union, as companies are wrestling with multiple challenges, including aggressive trade measures of US President Donald Trump and the ambitious green transition of the European Union.

The talks on CAP mechanisms, although they are still at an early stage, have extracted a violent reaction from industry groups that warn of the harmful “confidence” in the European market.

Eleven groups, including Europe, the European Energy Stock Exchange Association, and AFME, the lobby market group, sent a letter to the Chairman of the Ursula von der Lien on Tuesday and was seen by financial times. He said: “We believe that this procedure, if announced, can have negative, long -term consequences for the stability of European energy markets and supply security throughout the continent.”

The letter said that the maximum gas price “will harm confidence” in the standard of the standard title in Europe, and the main center for trading and settlement of the gas price. It also “pushes the global gas community to shift towards other unrestricted reference prices, and therefore more representative, which is primarily outside the European Union.”

The European Union first proposed a similar cover in 2022, at the height of the bloc Energy crisis Russia’s fixed pressure on gas supplies to its European neighbors followed after the full range Ukraine invasion. The cover has never been enacted, as prices remained less than 180 euros per megia standard.

Based on this experience, Mario Dragi, the former European Central Bank, the committee, called for the committee to obtain powers to bring “dynamic hats” for cases where gas prices in the European Union differ from global energy prices.

“We are studying in detail Draghi’s recommendations on this specific issue,” said a European Union official.

Two senior Bloc officials said the plans will also include measures to prevent merchants who rise in summer gas prices while storing European countries on fuel before next winter.

One of the European Union diplomats said that some member states are likely to be “hesitant” regarding the presence of a price ceiling. Germany and the Netherlands were among the countries that opposed the previous maximum.

The committee refused to comment.

Any intervention can also hinder the mass efforts to avoid Trump’s introductory attack unless the European Union buys more LNG from the United States.

“The focus in Europe should be sufficient energy to manage its industries and heat their homes,” said Amund Vic, the chief adviser to the Eurasia Group and former Norwegian Energy Secretary.

“Reforming the maximum market price will not be solved when the basic problem is a lack of energy.”