Mandatory cuts in electricity use during peak hours: EU reveals energy crisis plan
The EU is seeking mandatory cuts in electricity use during peak hours, and wants to funnel windfall revenues from energy companies to poorer firms and households.
A number of radical measures are on the table at European level, all of which could be agreed upon later this week.
“We are facing an extraordinary situation, because Russia is an unreliable supplier and is manipulating our energy markets,” European Commission president Ursula von der Leyen said this morning.
