Austrian Chancellor Karl Neuhammer today called on the European Union to “separate the price of electricity from that of natural gas” in order to lower it, adding that the issue would be discussed at the next emergency meeting of energy ministers called by the presided over by the Czech Republic.
“The price of electricity must fall” and “we must not leave Putin every day” to decide for Europeans, he said in his statement. “We have to stop this madness that is unfolding every day in the energy markets,” Nehammer added, explaining that this is only possible within the European framework and not individually the national one.
All of Europe is being hit by the energy price boom and Czech Prime Minister Petr Fiala, whose country holds the rotating EU presidency, announced on Friday that he would call an emergency meeting of energy ministers.
“The issue (of disengagement) will be on the agenda,” the chancellor assured, saying he had discussed the issue with his German counterpart, Olaf Scholz, and with Fiala.
Austria is heavily dependent on Russian natural gas for industry and heating. Before the war in Ukraine 80% of its natural gas came from Russia. However, electricity is produced, to a large extent, from renewable sources and Austrians fail to understand this market system in which the price of gas is closely linked to that of electricity.
Source: Capital
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