Europe, Gas Price Cap

Gas Price Cap Would Destabilize Markets, Energy Firms Warn EU
Europe’s biggest energy producers and traders warned the European Commission against introducing a gas price cap as a tool during times of crisis, after some officials raised the idea in recent months.
EU considers gas price cap amid soaring costs
Prices have surged due to low temperatures and weak wind conditions, which have hampered renewable energy production. Additionally, gas prices in the EU are now three to four times higher than in the US,
EU Considers Temporary Cap on Natural Gas Prices
The European Union is considering a new cap on natural gas prices as part of its clean industrial deal, but the proposal faces strong opposition from the energy industry.
What is the energy price cap and how are gas and electricity bills changing?
Between 1 January and 31 March 2025, gas prices will be capped at 6.34p per kilowatt hour (kWh), and electricity at 24.86 per kWh. This means the annual bill for a dual-fuel direct debit household using a typical amount of energy went up to £1,738 per year, an increase of £21 from the previous cap.
EU removes energy crisis gas price cap
The gas price cap introduced by the European Union during its 2022 Russian gas crisis will expire on Friday, having not been triggered since its inception.
EU Mulling Gas Price Cap
EU leaders are deliberating instituting a cap on natural gas prices, which have been surging recently, the Financial Times reported on Wednesday.
Martin Lewis issues urgent Energy Price Cap warning to Brits
Martin Lewis has issued an 'urgent' warning ahead of the Energy Price Cap change expected to come in at the end of this month. The finance guru referenced sources from EDF, British Gas and Eon and gave a fresh prediction.
Companies Warn EU Gas Price Cap Would Destabilize Markets
A price cap does not decrease the global market price of energy, but may create upward price pressure and increased price volatility in Europe'.
European energy industry urges EU not to cap gas prices
Europe's gas and energy trading industries have urged the European Union not to cap gas prices, as Brussels seeks ways to protect consumers and businesses from energy price spikes. The European Commission is preparing a package of measures,
Russian Oil Falls Back Below $60 Price Cap as US Sanctions Bite
Russia’s flagship crude oil has dropped back below a price cap of $60 a barrel for the first time since December, one of ...
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PJM pushes ahead with power price cap plan
The Eastern grid expects to send a plan to federal regulators by Friday that aims to resolve cost and supply issues into 2028 ...