Top Tweets for #GasPriceCap
What did the #GasPriceCap do to prices on the wholesale market? A telling chart.
@aliebman @MonashEnergy @MonashUni argues there are better ways @ConversationEDU
https://t.co/qtx52Vclmh
Thanks to Muthe Mwampashi @UTS_Business for help sourcing & crunching @AEMO_Energy data.
Remember the Commission had to define the technical details of the application of the #GasPriceCap (MCM) to derivatives linked to other VTPs than TTF ? Here we are (leak) 👇
IEEFA's @barobertson111 is the voice behind IEEFA here https://t.co/It8rpFXsh7 and has long argued that $7/GJ is the right #gaspricecap rather than the $12/GJ the Australian government has set. His findings here: https://t.co/dbCDeaz8jw
This week's #EuropeDecoder newsletter: the #GasPriceCap mechanism adopted by EU energy ministers on Monday is a risky gambit, and it has officials both in the White House and the Berlaymont very worried.
https://t.co/hwmKl5EtD5
EU Energy ministers agreed to an EC proposal on joint purchase of gas. By boosting the EU bargaining power and preventing States from racing to outbid each other, joint purchase would be way more important than the #GasPriceCap to keep the price in check.
https://t.co/BrOXXgTUQY
$2.59 A Gallon,25 bucks filled her up,if the Strom is headed your way, make sure to fill up and check your Antifreeze,or it could freeze the block, and that's not 🚫 good!!!
#GasPriceCap
#PresidentBiden
🇪🇸Spain & 🇵🇹Portugal, who have been pushing for an EU #GasPriceCap for a year, emerged victorious from Monday's 🇪🇺energy council
9 months ago they won the right to adopt one on their own. How has it gone, and what can be learned for the EU-wide mechanism? https://t.co/4SrMAKeUT9
#EnergyCrisis: EU energy regulator casts doubt on bloc’s ‘untested’ new #GasPriceCap. Agency warns that deal is unlikely to lower costs if countries keep on rushing to fill depleted reserves | Financial Times https://t.co/cEeA7WTYZm
❗️The @EUCouncil has voted for an EU #GasPriceCap in spite of warnings from EFET and other industry representatives.
What happens now? Read in our position paper why a price cap can worsen the #energy crisis 👉🏼 https://t.co/c9Uken9306
Ultimately, debates over markets and economic ideologies need to take a back seat to people’s right to clean, affordable energy. This should be the guiding light of all policy decisions in the energy crisis. #gasprices #GasPriceCap
Full Statement:
https://t.co/hWPi5AjAoV
Leiam, porque serão dos 5 minutos mais instrutivos que poderão beneficiar sobre o tema. #GasPriceCap
Gas price cap
Take 5 mins and read the 3-page EFET position paper. It's worth it.
https://t.co/nmrGWLrdyu
The EU #GasPriceCap may be fixing a political issue, but it ain’t solving the underlying real economy problem ⬇️
Great chart by @business showing how a retroactive application of the EU gas price cap would look like. The cap would have been active for more than 40 days between August and September, ie when the EU’s need to buy gas at any price to refill storage made it a seller’s market. 1/
Our "American friends" have blown up #Nordstream to force their expensive LNG on us and EU politicians are destroying our economy with self-harming #sanctions. We are governed by idiots #GasPriceCap #Gaspreisdeckel #openNordstream
Let’s be clear—no absolute gas price ceiling. Rather a cap on the premium of TTF above LNG prices. More pass-through than #gaspricecap https://t.co/0GIRTV3wGB
EU #energy ministers have agreed on a "market correction mechanism" to "limit excessive #gasprices".
@jacob_n_mandel, our Senior Associate for Global Energy Markets, gives his take below:
#GasPriceCap #EnergyCrisis (1/)
We called for a #GasPriceCap for months! The poorly regulated gas market and speculation put millions of of European in energy poverty. The agreement was long overdue!
Now we need to #BringTheBillsDown and help the European families to overcome the crisis.
🇨🇿Minister @JozefSikela announcing now "we did our job, we have a deal" on #GasPriceCap - after months of negotiations & fierce resistance from 🇩🇪
Cap has been set at €180/MWh but "we have included safeguards which will ensure 🇪🇺market will remain attractive for gas suppliers"
Whether #GasPriceCap is a good or bad idea, this is an example of what utter BS it is when people say Germany "runs the EU"
Germany is adamantly opposed to this. Scholz tried to strong-arm a veto but failed, went to QMV. 🇩🇪voted yes today to avoid humiliation, but this is defeat
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