EU divided over gas cap proposal, Polish Climate Min calls it ‘joke’

The European Union’s gas price cap proposal is a “joke,” Polish climate minister Anna Moskwa said on Thursday.

Her criticism followed disagreement among the 27 European Union countries on Wednesday over a proposal to cap future gas prices at EUR 275 per megawatt hour (MWh).

“The gas cap proposal is key, but what emerged the day before yesterday is a joke. It was presented at the last moment and deviates from what had been proposed before and isn't acceptable as it's higher than current market prices,” Ms Moskwa said in Brussels. As many as 15 EU countries including Poland, Italy and Greece want a cap, while a camp led by Germany argues that it could hamper gas supplies.

“I do not know if there is anyone who could back this proposal… it is not even a start to a discussion,” the minister assessed. Belgian energy Minister Tinne Van der Straeten also commented on the matter, calling the The European Commission's proposal “unsatisfactory.”

“The text that is on the table… does not clearly say if it will have an effect on prices,” she told reporters.

Meanwhile, Estonia’s Economic Affairs Minister Riina Sikkut said her country is willing to accept the proposal only if it would be activated in extreme circumstances.