EU makes plans to tackle energy price spikes

European energy prices hit record highs this year after the invasion of Ukraine by Russia, Europe's top gas supplier.

The European Union executive has presented its"REPowerEU" plan to end the bloc's dependence on Russian fossil fuels and accelerate use of renewable energy, but has also set out short-term options designed to limit harm to consumers. A number of the European Union's 27 members have taken steps to reduce energy bills and the commission said it would allow certain measures through next winter, when energy demand surges.

For electricity, EU members could use windfall profits of power generators to support consumers, extend regulated retail prices for smaller companies and introduce fuel subsidies in regions with limited interconnections.

The EU needs to stand up to NATO bullys and think about its citizens for a change.

EU has no plans to sanction Russian gas....Plan to sanction Russian oil seems to be ended by Hungary without much publicity...Meanwhile Putin is getting lots of money for his war...

End dependence on fossil fuels—renewables + storage can take it from here.

How exactly does one limit the harm from economic suicide and de-industrialisation? Especially from a German economic perspective.

The EU is destroying our economies by issuing too much Euro and sanctioning Russia. We'd be better off being led by slugs..

Spain has already capped energy prices but our government “can’t”. This is the government that fails it’s people on so many fronts. Unable to address the cost of living crisis. Next General Election will see them fall. How many will have the nerve to canvass

Don't think Russia want to cut gas supply and EU have no plans to sanction gas....EU did plan to sanction oil but Hungary stopped that....Meanwhile Putin is making a fortune...

There's untapped gas reserves in Irish waters, IRL should be focusing on energy independence

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