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Comment: ‘Last resort’ EU price cap on gas derivatives is designed to never be activated

A proposed emergency cap on EU gas prices may never be used given the strict conditions for its activation, and that may be what allows it to pass into law in the face of determined opposition from certain countries in the bloc.

The European Commission’s Kadri Simson presented the proposal yester

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Stefano Porciello


Stefano is a MLex Correspondent based in Brussels covering energy and climate. Before joining MLex, he worked in communication for the Foundation for European Progressive Studies. He had previously worked as a freelancer in Italy and completed a traineeship at the European Parliament. Stefano holds a Master’s degree in International Relations and European Studies from the University of Florence.

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