Europe needs to keep a single gas market and avoid fragmentation, said European Commission’s president Ursula von der Leyen.
The European Commission’s president said she has sent a letter to detail a road map on how to approach the gas and electricity price topics, the question of negotiating a corridor for decent prices with reliable suppliers or for example, looking at how to limit prices in the gas market overall and to look at how to limit the influence of gas in the price formation for electricity.
“Next spring, at the end of the winter, when our storages are depleted, it is of paramount importance that we have joint purchases of gas. We have to keep our single market together and avoid fragmentation. We have to double investments in homegrown renewables,” Ursula von der Leyen noted.