Brussels plans to raise more than 140 billion euros to deal with the energy crisis

Euskaraz irakurri: Krisi energetikoari aurre egiteko 140,000 milioi euro baino gehiago biltzea aurreikusi du Bruselak

The President of the European Commission, Ursula von der Leyenhas proposed today limit the income of European electricity companies and tax the extraordinary profits of the oil companies to collect more than €140 billion.

“Our proposal will raise more than 140 billion euros for Member States to cushion the blow directly,” said Von der Leyen in his State of the Union speech delivered to the European Parliament, where he presented a legislative proposal with energy measures to deal with high energy prices on the Community market.

The Commission plans to put a cap on the money that electricity generation receives from renewables, nuclear and lignite as well as to require a “solidarity contribution” to oil, gas and coal companies who have benefited from exorbitant energy prices.

In addition, the Commission also wants the Member States to save 10% of electricity, and at least 5% in hours with peak demand, all of which are planned to be closed at an extraordinary meeting on September 30th with the energy ministers of the EU countries.