Analyse @JavierBlas's tweets
@JavierBlas
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The European Commission has unveiled its natural gas price cap proposal. It is, how to put it, a curious one.
The cap is set at €275 per MWh. But, and THIS IS THE IMPORTANT BIT, that price will need to be breached for two consecutive weeks.
So it's a cap designed not to cap.
The cap is set at €275 per MWh. But, and THIS IS THE IMPORTANT BIT, that price will need to be breached for two consecutive weeks.
So it's a cap designed not to cap.