New draft conclusions from the European Council, which were obtained by EUROPE, indicate that the 27 heads of state or government of the European Union’s Member States are expected to discuss strengthening energy coordination, reforming the electricity market, and energy prices during the summit on 15 December.
According to this document, the EU27 are notably expected to call for further work to be pursued on the joint purchase of gas, the filling of gas reserves, the swift preparation of contingency plans for the winter of 2023–2024, and the finalisation of the negotiations on the Renewable Energy Directive (RED) and the Energy Efficiency Directive (EED).
The ‘energy’ component of the meeting will also address the issue of combating rising prices. While a section on potentially capping gas prices is missing from the conclusions at this stage because it depends on the outcome of the next meeting of Member States’ energy ministers (on 13 December), the conclusions emphasise “the need for a coordinated policy response mobilising all relevant tools at national and EU level” so as to “[safeguard] Europe’s economic, industrial and technological base” and to “[preserve] the global level playing field”.
See the draft conclusions: https://aeur.eu/f/4id (Original version in French by Damien Genicot)