Montel Weekly

Are price caps “a joke”?

December 02, 2022 Montel News Season 4 Episode 44
Montel Weekly
Are price caps “a joke”?
Show Notes

Many EU nations are introducing revenue caps and/or windfall taxes on power production to help consumers cope with soaring energy costs. The European Commission has also proposed wholesale gas market ceiling of EUR 275/MWh. Listen to a discussion why some member states have labelled this as “joke” and why price caps could have a long-term detrimental effect on Europe and will not alleviate the current gas crisis. Would issuing EU bonds be a better option?

Host: Richard Sverrisson, Editor-in-Chief, Montel

Guest: Ana Stanic, Principal, E&A Law.