EU Energy Ministers To Hold Emergency Meeting To Discuss Energy Crisis

Russia's dominant role as an energy supplier to the European Union has led to concerns that Moscow could limit supplies during winter as payback for EU sanctions.

The European Union will hold emergency talks to address the energy crisis brought on by Russia's invasion of Ukraine.

Czech Prime Minister Petr Fiala, whose country currently holds the EU Presidency, announced in a tweet on August 26 that the bloc's energy ministers would convene "to discuss specific emergency measures to address the energy situation."

Czech Industry Minister Jozef Sikela called the meeting for September 9.

Sikela said one potential solution to help ease the crisis would be to cap the price for gas used in the production of electricity.

"We have to separate gas prices from electricity prices," he said.

The 27-country bloc has taken steps to lessen its dependence on Russian energy imports and recently introduced a plan calling on member states to cut natural gas use by 15 percent.

The plan was introduced to prepare for a possible halt of Russian natural gas supplies, a concern that has risen with the recent announcement that a key pipeline will be temporarily shut down for maintenance.

Russia's dominant role as an energy supplier to the European Union has led to concerns that Moscow could limit supplies during winter as payback for EU sanctions introduced to punish Russia for its unprovoked war against Ukraine.

Record natural gas and electricity prices have been reported in the European Union in recent weeks.

Czech Industry and Trade Minister Jozef Sikela wrote on Twitter on August 26 that the EU Energy Council should meet "at the earliest possible date".

"We are in an energy war with Russia and it is damaging the whole EU," he wrote.