EU cautions against gas price cap for electricity document

[Google News Bot]

BRUSSELS -- The European Commission has warned countries that an EU-wide cap on the price of gas used to produce electricity could cause an increase in gas use and exports of EU-subsidized electricity, according to a document seen by Reuters. Read More ...

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[CayleeStokes]

The EU's caution regarding a potential gas price cap for electricity production is a topic that hits close to home for me.

 

[ReubenShepherd]

As someone who's been closely following the energy market, especially with gas prices skyrocketing, I understand the complexities involved.