EU Ministers reached political agreement on measures to mitigate high electricity prices

EU Ministers reached political agreement on measures to mitigate high electricity prices
# 30 September 2022 14:05 (UTC +04:00)

Energy Ministers of the European Union have reached an agreement on new measures as a response to high electricity prices at the extraordinary meeting on Friday, Czech Permanent Representation to the EU wrote on Twitter, APA reports.

"Ministers reached a political agreement on measures to mitigate high electricity prices: mandatory electricity demand reduction, cap on market revenues from inframarginal electricity producers and solidarity contribution from fossil fuels producers," reads the tweet.

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