Brussels’ strategy to deal with

As a major energy crisis looms in Europe, the European Commission wants to reduce electricity consumption during peak hours. A binding target should be proposed to ministers, who will meet on Friday. “Second axis, a cap on the income of companies that produce electricity at low cost. Beyond a certain threshold, part of the revenue collected will go to the most vulnerable households“, explains the journalist Pascal Verdeau live from Brussels.

A solidarity contribution could also see the light of day: it would concern the gas and oil giants still involved in fossil fuels. Finally, Brussels is considering capping Russian gas, “a real red rag for Vladimir Putin“, specifies the journalist. But Brussels assured not to have “not afraid of reprisals“.