{"id":90189,"date":"2021-10-25T13:50:00","date_gmt":"2021-10-25T10:50:00","guid":{"rendered":"http:\/\/devrri.freshlemon.ro\/news-and-current-affairs\/newsflash\/europe-and-energy-prices-90189.html"},"modified":"2024-02-19T08:58:33","modified_gmt":"2024-02-19T06:58:33","slug":"europe-and-energy-prices","status":"publish","type":"post","link":"https:\/\/www.rri.ro\/en\/news-and-current-affairs\/today-in-the-news\/europe-and-energy-prices-id90189.html","title":{"rendered":"Europe and energy prices"},"content":{"rendered":"<p><p style=text-align:justify;line-height:150%>The energy crunch will be once again on the agenda of the December European&#13;<br \/>\nCouncil meeting, senior EU officials announced after last week&#8217;s meeting&#13;<br \/>\ndevoted to this topic.<\/p>\n<p style=text-align:justify;line-height:150%><\/p>\n<p>&#13;<br \/>\n&#13;<\/p>\n<p style=text-align:justify;line-height:150%>In the meantime, the Commission is&#13;<br \/>\ntasked with running an analysis on the operation of the European electricity&#13;<br \/>\nand natural gas market and on the carbon trading market, after several member&#13;<br \/>\nstates blamed the rise in energy prices on problems in these fields. <\/p>\n<p style=text-align:justify;line-height:150%><\/p>\n<p>&#13;<br \/>\n&#13;<\/p>\n<p style=text-align:justify;line-height:150%>Nuclear energy is not mentioned in&#13;<br \/>\nthe Council meeting&#8217;s conclusions although it had been included in the original&#13;<br \/>\ntext. However, countries like France, Romania and others requested the European&#13;<br \/>\nCommission to rank nuclear energy and gas as transition sources this autumn,&#13;<br \/>\nuntil clean energy sources will be able to cover most of the Union&#8217;s energy&#13;<br \/>\nneeds. <\/p>\n<p style=text-align:justify;line-height:150%><\/p>\n<p>&#13;<br \/>\n&#13;<\/p>\n<p style=text-align:justify;line-height:150%>There is no doubt that if we&#13;<br \/>\nseek cleaner energy, we need interim solutions. It is very possible and&#13;<br \/>\ndesirable for renewable sources, including solar energy, wind power and so on,&#13;<br \/>\nto account for most of the energy output by 2040-2050. But until we get there,&#13;<br \/>\nour opinion in Romania is that we need to use nuclear power plants, to upgrade them&#13;<br \/>\nand broaden nuclear power sources. At the same time, Romania needs and is&#13;<br \/>\ndetermined to use natural gas for heating, for electricity production and for&#13;<br \/>\nindustry. So we certainly must have nuclear power and gas, the president of&#13;<br \/>\nRomania Klaus Iohannis said in Brussels, and emphasised that it would be&#13;<br \/>\nexcellent for these forms of energy to be fundable from EU sources. <\/p>\n<p style=text-align:justify;line-height:150%><\/p>\n<p>&#13;<br \/>\n&#13;<\/p>\n<p style=text-align:justify;line-height:150%>The European Commission president,&#13;<br \/>\nUrsula von der Leyen, seems to have eventually accepted this view, and said&#13;<br \/>\nafter the meeting that, in the medium and long term, additional steps will be&#13;<br \/>\nprepared to enhance Europe&#8217;s energy independence and resilience. <\/p>\n<p style=text-align:justify;line-height:150%><\/p>\n<p>&#13;<br \/>\n&#13;<\/p>\n<p style=text-align:justify;line-height:150%>She said a stable source, i.e.&#13;<br \/>\nnuclear power, is necessary, and the role of natural gas as transitional fuel&#13;<br \/>\nwill be preserved. The Commission will present a draft document in this&#13;<br \/>\nrespect, von der Leyen said. <\/p>\n<p style=text-align:justify;line-height:150%><\/p>\n<p>&#13;<br \/>\n&#13;<\/p>\n<p style=text-align:justify;line-height:150%>She added that efforts are made to&#13;<br \/>\nset up a strategic gas reserve and to jointly procure energy. We will step up&#13;<br \/>\ninitiatives to contact as diverse suppliers as possible. We will diversify&#13;<br \/>\nsources and speed up interconnection, the Commission president also said. <\/p>\n<p style=text-align:justify;line-height:150%><\/p>\n<p>&#13;<br \/>\n&#13;<\/p>\n<p style=text-align:justify;line-height:150%>EU reference prices for natural gas soared&#13;<br \/>\nby over 300% since January, because of supply problems and high demand. The hike&#13;<br \/>\npushed electricity prices in Europe to the highest level in recent times, and&#13;<br \/>\nthe situation is likely to continue until the end of the year, keeping heating bills&#13;<br \/>\non the rise. To mitigate the impact on citizens, Romania and other member&#13;<br \/>\nstates are taking measures to support vulnerable households and struggling companies. &#13;<br \/>\n(tr. A.M. Popescu)<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EU leaders are looking for solutions to slow down the rise in electricity and natural gas prices<\/p>\n","protected":false},"author":104,"featured_media":89986,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[37738],"tags":[37163,29820,28918,30821,30746,34956,30256],"coauthors":[],"class_list":["post-90189","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-today-in-the-news","tag-bills","tag-electricity","tag-energy","tag-gas","tag-nuclear","tag-power","tag-prices"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Europe and energy prices - Radio Romania International<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rri.ro\/en\/news-and-current-affairs\/today-in-the-news\/europe-and-energy-prices-id90189.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Europe and energy prices - 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