As temperatures fall and heating prices rise, political leaders across Europe are bracing themselves for a fall and winter of discontent. But, heating is just one of many aspects impacting Europe’s energy market. More broadly, EU member states are struggling to rein in soaring gas prices – which are wreaking havoc across the Continent. German Chancellor Olaf Scholz has called for a European intervention to control gas prices. Energy ministers will meet in Brussels to discuss a collection of proposals by the European Commission to tackle rising energy prices – including the possibility of setting a new reference gas price that reflects the cost of LNG on the global market to avoid price spikes caused by disruptions in supply from Russia.
Join us on September 15 for a virtual discussion with POLITICO’s Energy Policy Correspondent America Hernandez about the meeting of Europe’s energy ministers and what the future holds for Europe’s energy market.