Cut in electricity consumption by 10% , of which 5% during peak hours; a ceiling of € 180 per megawatt hour on the inframarginal revenues of companies that produce electricity with renewables; solidarity contribution paid by oil & gas.

These are the main contents of the package announced by the President of the Commission , Ursula von der Leyen, and which will be discussed during the new extraordinary meeting of the energy ministers scheduled for next Friday in Brussels .

The mandatory 10% cut in consumption should no longer be calculated on a monthly basis, as proposed by Brussels, but over the entire period "between 1 December 2022 and 31 March 2023" . The same goes for the hours of peak prices , which must correspond overall to at least 10% of all the hours of the same period and not just one month. Member States can also decide to "focus on a different percentage of peak hours, provided that at least 7% is covered", as requested by governments, of those hours and provided that the reduction in consumption - again in those hours - is at least unchanged, ie 5% overall.

Flexibility also on the tax base for the solidarity contribution requested from the companies that work with fossil fuels. For capitals it should be calculated on the basis of 4-year profits starting from 2018, against the 2019-2021 period proposed by Brussels.

As for the price cap , so desired by the Draghi government, among the circulating hypotheses there is one that Ursula von der Leyen had indirectly mentioned: price caps to be agreed directly with suppliers.

(Unioneonline / D)

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