On 18 October, the EC made additional proposals to fight the energy crisis through joint gas purchasing, price limiting mechanisms on the TTF gas exchange, new measures on transparent infrastructure use and solidarity between the Member States, and continuous efforts to reduce gas demand.
The new emergency regulation contains the following main elements:
- Aggregation of EU demand and joint gas purchasing to negotiate better prices and reduce the risk of Member States outbidding each other on the global market, while ensuring the security of supply across the entire EU;
