Electricity: the European Union wants to cap the income of energy producers, says Ursula von der Leyen

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The President of the European Commission also called for taking part of the “massive profits of fossil fuel companies”.

Brussels proposed this Wednesday, September 7 to cap the income of companies producing electricity with nuclear and renewables, and to demand a “solidarity contribution” from gas and oil groups, in order to help households and companies in the face of the skyrocketing energy bills.

“Low-carbon” electricity producers are making massive revenues “inflated by soaring gas-indexed tariffs, “and we will therefore propose to redirect these windfall profits to support vulnerable people and businesses, “has said. said European Commission President Ursula von der Leyen.

1) Smart Savings of Electricity

We need a strategy to flatten the peaks, which drive the price of electricity.

We will propose a mandatory target for reducing electricity use at peak hours. pic.twitter.com/qPjOyTWnBO

—Ursula von der Leyen (@vonderleyen) September 7, 2022

Source: www.ladepeche.fr

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