EC President von der Leyen says a prolonged disruption to Gulf oil and gas could have significant impact on the EU economy; short term responses to tackle energy prices must be temporary and targeted
- Must introduce measures addressing cost of electricity.
- EU will eliminate barriers to the use of power purchase agreements and combine them with contracts for difference.
- Upcoming EU Inc proposal will allow companies to register in 48 hours with no minimum share capital requirement.
- There is scope, including through legislation, to cut electricity taxation.
16 Mar 2026 - 16:08- EnergyGeopolitical- Source: FinX
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