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Russia’s inhumane attacks on🇺🇦civilian infrastructure are continuing & millions of people are without heat & water. These attacks also have a significant impact on Moldova.

I'm glad minister @G_Galushchenko managed to join us virtually in & inform us of latest developments.

🐦🔗: nitter.eu/KadriSimson/status/1

We also discussed the .

The first discussion on our proposal showed that Member States are willing to work swiftly towards an agreement at another extraordinary Council in December.

🐦🔗: nitter.eu/KadriSimson/status/1

And fifth, we will accelerate the permitting process for technologies that can make a difference already this winter. For example, installing ☀️PV-s & heat pumps.

We are also establishing the principle that projects are in overriding public interest. 5/5

🐦🔗: nitter.eu/KadriSimson/status/1

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Third, we will develop circuit breakers for intra-day derivatives trading, to avoid excessive volatility & ease liquidity stress for energy utilities.

Fourth, to reinforce solidarity & make sure that in case we face emergency, no Member State will be left alone. 4/5

🐦🔗: nitter.eu/KadriSimson/status/1

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Second, to give @EU_acer the task of developing a new LNG benchmark by the end of March.

The current most popular benchmark, , no longer reflects the situation on the EU gas market & a complimentary instrument is needed. 3/5

🐦🔗: nitter.eu/KadriSimson/status/1

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First, for making joint purchases of gas a reality. We have a process in place that will allow us to pool our demand & buy 13.5bcm of gas together next year.

This prevents us from outbidding each other on the global market & helps to fill the storage. 2/5

🐦🔗: nitter.eu/KadriSimson/status/1

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Today’s 🇪🇺 Energy Council was not an easy one. But we did have a clear political support for several key measures to tackle the ongoing crisis.

The ministers reached political agreement on five crucial issues. 1/5

🐦🔗: nitter.eu/KadriSimson/status/1

Today we have another Council to discuss EU’s efforts to ensure & address high gas prices.

I hope that the Member States will reach an agreement on joint purchases of gas, a new LNG benchmark, faster permitting & more. My doorstep👇
video.consilium.europa.eu/even

🐦🔗: nitter.eu/KadriSimson/status/1

The 🇺🇦 minister told me that works are ongoing to restore external power supply at the sites.

Tomorrow we will have a Energy Council, where I can inform the ministers of the situation.

🐦🔗: nitter.eu/KadriSimson/status/1

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I just had a phone call with @G_Galushchenko, Minister of Energy of 🇺🇦, who informed me of the Russian missile strikes on 's energy infrastructure today.

I asked for more info about the situation at Ukraine NPP’s, that were disconnected from the grid due to the attacks.

🐦🔗: nitter.eu/KadriSimson/status/1

Russian missile strikes on 's energy infrastructure have caused another massive power outage across .

I just had a call with @AndreiSpinu, the deputy prime minister of 🇲🇩, to discuss the situation, our cooperation & other urgent issues.

🐦🔗: nitter.eu/KadriSimson/status/1

I thank the @europarl_en for a very good debate today on interconnections in our energy single market, high energy prices & the situation with this Winter❄️

My full remarks from the debate👇
ec.europa.eu/commission/pressc

🐦🔗: nitter.eu/KadriSimson/status/1

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So far, the 🇪🇺 has replaced entirely the gas no longer delivered from Russia with LNG or additional pipeline gas from reliable suppliers.

Diversification, demand reduction, a common storage policy & our actions are making a difference. But we need to stay vigilant.

🐦🔗: nitter.eu/KadriSimson/status/1

You can find out more about the market correction mechanism we presented here👇

ec.europa.eu/commission/pressc

It is not a silver bullet, but it provides us a powerful tool we can use when we need it!

🐦🔗: nitter.eu/KadriSimson/status/1

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The proposed instrument consists of a safety price ceiling of €275 on the month-ahead derivatives.

The mechanism is carefully designed to be effective, while not jeopardising our , the functioning of markets & financial stability.

🐦🔗: nitter.eu/KadriSimson/status/1

Today we propose a new instrument to limit excessive gas price spikes in the !

Our market correction mechanism aims to reduce the volatility on European gas markets while also safeguarding the security of gas supply.

By doing so, we shield our people & businesses.
RT @EU_Commission: Today, we propose to put a ceiling on the TTF gas price to protect our people and businesses from extreme price hikes.

The new mechanism aims to…

🐦🔗: nitter.eu/KadriSimson/status/1

Insightful interview with @loekkegaard_mep on the next steps in the energy sector.

We talked on the winter ahead, ending our dependency on Russian fossil fuels, accelerating the & helping vulnerable consumers.

You can see it soon at @RenewEurope feed!

🐦🔗: nitter.eu/KadriSimson/status/1

On the eve of winter, the destruction of Ukraine's energy infrastructure is reaching a critical point.

We are working tirelessly to help sustain the electricity supply in 🇺🇦 with a new delivery of energy equipment and emergency aid via the Mechanism.

🐦🔗: nitter.eu/EU_Commission/status

marks a small step forward but much more is needed for the planet.

We have treated some of the symptoms but not cured the patient from its fever.

🐦🔗: nitter.eu/vonderleyen/status/1

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