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Austrian Chancellor Nehammer Calls for EU-27 to Stand Together for European Electricity Price Cap
Given the sharp rise in energy prices, Austrian Chancellor Karl Nehammer is calling for a European electricity price cap to "finally" put a stop to "this madness that is currently taking place on the energy markets. According to Nehammer. this is only possible through a European solution.
The German government invited representatives of the energy market to an energy summit. / Picture: © Bundeskanzleramt (BKA) / Arno Melicharek
In the past days and weeks, the chancellor has exchanged views with energy experts and with German Chancellor Olaf Scholz and Czech Prime Minister Petr Fiala on a pan-European approach.
On Sunday evening, the German government then consulted with representatives of the Austrian energy industry at the Federal Chancellery. "The price of electricity must be decoupled from the price…
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