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No agreement was reached on a gas cap (Photo: State Emergency Service of Ukraine)

The EU gas cap: will the bottle ever be 'uncorked'?

EU energy ministers entered a council meeting disgruntled on Thursday (24 November), where they were scheduled to discuss a widely derided EU Commission proposal to cap the gas price at €275 per megawatt-hour.

The plan had been criticised by experts and politicians alike, who pointed out the ceiling was put at such a high level it was unlikely ever to apply. Both the Spanish and the Polish energy ministers already described the cap as a "joke" in media ahead of the meeting.

"I ex...

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