Europe grapples with energy crunch and rising prices | DW News

European households should prepare to pay even higher electricity and gas bills in the coming months. Some European countries, like Spain, are passing emergency measures like capping prices and limiting utilities' profits. The aim is to slow down the current price hike and avoid social and political repercussions.

"Climate and energy policies have become a cleavage and conflict line in our societies. That has to be politically hedged and managed to sustain social peace and avoid ramifications on the cohesion in the European Union," Kirsten Westphal, senior analyst at the nonprofit German Institute for International and Security Affairs (SWP), told DW.

The EU has plenty of programs to intervene in long-term measures to speed up the transformation of the energy systems and promote its plan of a so-called green recovery from the pandemic. The member states, whose budgets are already overstretched, are responsible for immediate measures to curb price jumps. But Spain is now calling for "a European policy menu predesigned to react to dramatic price surges."

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#Europe #EnergyCrunch #Gas

[Neeverseen]

Ah yes.
-Take nuclear power off the net
-Take coal power and heating off the net
-Russia is at fault
-US fracking gas is the solution
It's all so tiresome

[strident]

It's easy to blame others (Russia) instead of themselves.

[neliborba]

Does it surprise anyone?

We live in a era where the people's well being IS NOT THE PRIORITY in the political world.

[MohdArif-plsy]

French: Nuclear power laugh all the way.

[gw]

I live in Germany and will probably be paying higher prices for my Gas this winter. But I don't blame Russia, they have been completely f..ked around where Nord Stream pipeline was concerned.

[anunnakmm]

Solution is :: BUY AMERICAN LIQUID GAS 3x MORE EXPENSIVE

[andrefouche]

Ha ha ha, wind stopped blowing, who would have guessed.😂😂😂

[recordkeepingandinformatio]

Germany: *shuts down nuclear program*
Russia: XAXAXAXAXA

[bilsid]

So when Russia throttles supply, Russia is playing politics
When EU delays permits and regulatory approval, would you not call it politics as well?

[jrangel]

Jornalist: its not russia's fault
Jornalist in the next sentence: International Energy agency says Russia could help more if they wanted to.
This profession is dead...

[carmencitaoliva]

Always blame Russia they don’t take responsibility of they mistakes.

[abelardogreen]

Can't you pay him more money so he can buy pants that fit him. Is it that bad in Germany?

[FFL]

Sure good Germany decided to close down those highly reliable carbon neutral nuclear power plants.

[theelites]

The rich See's an economic crisis as a garage sale also the stay rich by investing and diversifying their portfolio with stocks, crypto and forex trading which is the wisest thing every individual needs to do and I recently bought a house with the profits I made from trading crypto.

[php]

Europe can get through this without coal. Germany needs to bring back it's nuclear plant.

[rayix]

GJ Germany, lets get more dependent on russian gas, and disband existing nuclear facilities. While setting new laws that makes them harder to build in EU.

[wertgaesrgser]

Imagine trusting Russia with your energy supply...

[Stretch-xded]

The EU should only use green energy after making (forcing) other countries to go carbon neutral. A not so green EU. This is Justice at its best.

[foadsf]

shame on those who do not allow nuclear energy to catch up in the EU!

[velocecarriola]

"Rising prices" Now let's talk about rising profits?