Belgian Energy Minister Questions Severe Caution Over EU Fuel Crisis: ‘Terrible Winter’

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Tinne Van der Straeten said the fuel tariff in Europe wants to be urgently frozen, adding that the link between fuel and electric power tariffs is synthetic and wants to be reformed.

She said: “The next five to ten winters will be terrible if we do nothing. We will have to act at the source, at the European level, and paints to freeze fuel prices. “

“There is a pressing need for a European price cap. This can bill the power of attorney through 770 euros per year per family.

“The European electricity market is failing and wants to be urgently reformed. This is no longer sustainable for many families and businesses. In reform, we are addressing the exuberant excessive benefits.

Support for value controls at the EU point has risen across the bloc amid rising energy prices during the war in Ukraine.

Countries that support Ukraine have tried to import fuel and oil from Russia.

Russia, to which the EU with 40% of its fuel last year, retaliated by restricting supplies.

Austrian Chancellor Karl Nehammer is among the leaders calling for an EU-wide electricity limit as winter approaches.

He said: “We want to prevent this madness that is falling lately in the energy markets. We cannot allow [Russian President Vladimir] Putin to value electric power in Europe every day.

Natural fuel costs in Europe fell more than 12% to less than €300 in line with megawatt hours this weekend after a jump of almost 40% last week.

The drop follows Germany’s confirmation that its fuel garage services are expected to be 85% complete until next month, ahead of the October target.

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