We launched our tracker mapping the measures taken by 22 MS as an answer to the Iran war. Most of them are untargetted and mute the price signal (capping price, excise reduction) for a total amount of 9 bn. Only 3 MS have commited to a decent electrification push : institutdelors.eu/en/projets/i...
Since the Iran war, 22 EU states have introduced more than 120 uncoordinated measures costing over €9 billion to ease the impact of higher energy prices, according to a report by the Jacques Delors Institute. That comes on top of €13 bn in additional costs due to more expensive fossil-fuel imports.
According to a recent analysis by the Jacques Delors Institute, 22 of the 27 EU MS have adopted over 120 support measures at a collective cost of over €9 billion.
Sometimes I actually wonder if something has been learned from the past crisis. My itw 👇:
www.theparliamentmagazine.eu/news/article...
The EU needs a gas coordinated approach for storage AND demand reduction as we argue. To do so, a dedicated legal framework is required as done during the previous crisis. If not, the risk is that MS act recklessly like they are doing by capping oil at the pump.
institutdelors.eu/en/publicati...
Today's gas price surge reinforces our proposal to have the EU establish a legal framework under which emporary mandatory targets to reduce oil and gas consumption are adopted. The EUCO is the perfect opportunity to discuss that matter:
institutdelors.eu/en/publicati...
Today, France gathered companies to perpetuate the momentum surrounding electrification that was initiated a few weeks ago with its dedicated plan. Having abundant, low-carbon electricity at its disposal positions France as a legitimate frontrunner in electrification, www.elysee.fr/emmanuel-mac...
Our report is available here : institutdelors.eu/en/projets/i...
and the tracker here :
immediate-responses-tracker-eng.netlify.app
Iran has said that it will charge a $1 per barrel tax for oil tankers to pass through the Strait of Hormuz during the ceasefire.
Payments to be made in crypto "ensuring they can’t be traced or confiscated due to sanctions"
www.ft.com/content/02ae... w/ @financialtimes.com colleagues
The European Commission is set to recommend lowering energy taxes and power grid charges to boost the uptake of clean technologies.
đź’Ą EU capitals urged to lower gas storage targets and gradually begin filling their reserves in a bid to reduce demand, in response to the surge in energy prices cause by the war in Iran - in a letter from the European Commission seen by @iancjohnston.bsky.social & I
as.ft.com/r/6865fc82-3...
The European Commission is set to recommend lowering energy taxes and power grid charges to boost the uptake of clean technologies while softening the blow from surging oil and gas prices.
