Brussels Eyes Power Price Cap, Gas on Backburner European energy ministers are considering a package of emergency measures to bring down electricity prices, led by capping returns for non-gas generators, to address skyrocketing bills. A leaked early-stage draft seen by Energy Intelligence suggests policymakers in Brussels favor a policy mandating a reduction of 15% in electricity use, plus a voluntary or EU-wide mandatory price cap on non-gas generation that would limit commercial returns of units that have lower operating costs than gas.
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