Electricity Prices: Chancellor Stocker for EU Solution
5 Articles
5 Articles
Stocker is lobbying in Brussels for softening the mechanism to drive Europe's energy transition, which threatens our prosperity, as the Iran war shows.
The wars in Ukraine and Iran and their consequences for the European economy are at the heart of the EU summit in Brussels. Chancellor Christian Stocker (ÖVP) called for EU measures for lower energy prices. According to Stocker, the Merit Order, the system as the electricity price is set, will be an issue on the Austrian initiative. Countries with a large share of renewable energy are currently being disadvantaged, says Stocker.
On Thursday, EU leaders, including Chancellor Christian Stocker (ÖVP), will meet in Brussels. At the top of the agenda is the Iran war and the impact on energy prices in Europe. Stocker put pressure on an EU solution for sustainable electricity price cuts in the run-up. Hungary is under pressure to lift its blockade of a EUR 90 billion loan for Ukraine. [...]
Chancellor Stocker is advocating for sustainable reductions in electricity prices ahead of the EU summit. In the National Council on Wednesday, he demanded concrete solutions for the merit order system, which he says forces Austria to pay higher prices. Although 90 percent of the electricity comes from renewable sources, the price is still based on gas-fired power plants. If no agreement is reached, Stocker is considering national or bilateral m…
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