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The European Union sets limits on gas prices, which is difficult to solve the energy dilemma

Published Time: 2022-11-28 11:58:00
Recently, the European Union has imposed restrictions on "gas prices".

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Recently, the European Union has imposed restrictions on  "gas prices", but it is still difficult to solve the energy dilemma.  

The Belgian energy minister said: the EU's current natural gas price cap plan is not effective enough. This time, the European Union intends to finalize the natural gas price limit proposal, which can only treat the symptoms of the energy crisis, but the fundamental problem is still in front of us.  The European Union has shown shelving measures to the energy crisis, and the issue of a natural gas price ceiling remains to be resolved.

 

The fall in natural gas prices is only short-lived.

Although the EU countries have agreed to jointly deal with the energy crisis, there are still differences on the issue of natural gas price caps, and no consensus has been reached. In the case of constant differences, it is difficult for the EU to come up with emergency energy measures. The head of the International Energy Agency said: The world is in the "first real global energy crisis". Apparently, the short-term price drop cannot solve the energy dilemma, and European countries are still seeking to save themselves. Although the current inventory is sufficient, and the consumption of natural gas has not increased significantly due to the weather, the market still expects cold weather.

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In September this year, the details of the EU's intervention in energy programs were exposed!

 Natural gas prices have plummeted in Europe, with prices expected to halve in the first quarter of 2023. In October, the EU summit reached an agreement on energy difficulties, and at the same time introduced a number of emergency measures to deal with the energy crisis, and disagreements still exist on key and core issues such as price limits for imported natural gas. At that time, the EU launched emergency measures to reduce bidding and limit prices, but they were no match for the "small calculations" of EU countries. At the same time, in the face of the energy dilemma in Europe, the president of Gazprom said: The EU's price limit on Russian natural gas will lead to the suspension of supply. And some time ago, the Prime Minister of Norway also said that the price limit of natural gas cannot solve the problem of gas shortage in Europe.

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Other recent energy news:

 

1.  A few days ago, EU member states agreed to invest more than 43 billion euros in order to promote the chip bill to support local supply chains. The subsidies will cover chips that lead to innovations in energy efficiency, computing power, environmental benefits and artificial intelligence.

 

2. The United States has launched a new energy strategy: selling high-priced energy , that is, selling natural gas to Europe at a high price, and introducing a subsidy bill.

 

3. In addition, the US$20 million  investment successfully attracted by the Ministry of Energy, Ministry of Trade and Industry of Korea for ASML, ASM and Zeiss is also part of the semiconductor and electron microscope R&D center established by Zeiss in South Korea.

 

4. According to reports, energy stocks "take off" independently of oil prices: Oil prices go down, energy stocks go up, and Buffett wins again!


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