Gas Price Cap Could Cause Irreversible Harm To Energy Markets

Gas Price Cap Could Cause Irreversible Harm To Energy Markets

Earlier this week, the European Commission issued a statement declaring what it called a “safety price ceiling” for gas prices set at 275 euros, or $283 dollars, per megawatt-hour. Hailed as the long-awaited gas price cap that EU members have been discussing for weeks now, the ceiling’s aim, according to the Commission, will be used … Read more