2021-10-26

European Times: what do European countries do to deal with the energy crisis?

By yqqlm yqqlm

Beijing, Oct. 26 (Xinhua) according to the European times, French Prime Minister Castel recently officially announced that he would pay 100 euros of “inflation allowance” to all French whose “monthly income is less than 2000 euros”, regardless of whether they usually drive or take other means of transportation

focusing on the soaring prices of natural gas, oil and electricity, France is not the only European country to provide financial assistance to deal with the energy crisis. From Spain to Britain to Poland, what do these countries do

European Times: what do European countries do to deal with the energy crisis?

on September 29, 2021 local time, people continued to queue up to refuel in London, UK, and many gas stations had no gas to add

Spain sets a profit ceiling for power suppliers

due to its heavy dependence on natural gas for power generation, Spain’s electricity price soared to a record level in early October, with 288 euros per megawatt hour (MWh). According to Eurostat, the average level in the first six months of this year was only 232 euros. In order to prevent the energy crisis, the Spanish government decided in July to temporarily reduce the power value-added tax from 21% to 10%

but this will soon be insufficient to cope with soaring energy prices. Spain decided in mid September to reduce the special electricity tax from 5.1% to 0.5% by the end of 2021. Another noteworthy measure: the profits of some power suppliers are capped within six months, and the surplus will be redistributed to households

the UK set up a fund to support low-income families

at the end of September, the British government provided £ 500 million to local authorities to help the poorest families. The government made it clear on its official website that the “family support fund” can be paid in the form of assistance for the purchase of food, clothing and energy bills

according to the guardian, this new measure was treated coldly by the opposition and some charities. They thought it was only a simple “bandage” and could not improve the situation for a long time

in mid October, the German power grid announced that it would cut the energy surtax to cope with the rise of electricity price. According to the data of Eurostat, the average electricity charge in Germany in the first half of 2021 was 319 euros per megawatt hour

although heating costs have increased by 30% in one year, the German authorities temporarily refuse to regulate natural gas prices because the government believes that the crisis is temporary first. The authorities also have no plans to take any measures to reduce the burden on drivers, who are suffering from similar pressure as French drivers

European Times: what do European countries do to deal with the energy crisis?(1)

on September 29, 2021 local time, people continued to queue up to refuel in London, UK, and many gas stations had no gas to add

in Poland, one fifth of households will receive compensation

as a major coal consumer of power production, Poland is deeply affected by the energy crisis. Prime Minister moravitsky announced in mid October that 330 million euros would be distributed in the form of compensation in 2022

according to Polish Radio, the fund can even be increased to 1.1 billion euros if necessary. The amount of assistance will be up to 241 euros per person per month. According to the government, “one in five families” will be eligible for payment between November 1, 2021 and March 31, 2022

in Portugal, a subsidy of 10 euro cents per litre of gasoline

the Portuguese government has chosen to offset the rise in fuel prices by providing assistance of 10 euro cents per litre of gasoline, with a maximum limit of 50 litres per month. This is an emergency measure, valid from November 1, 2021 to March 31, 2022. Before that, the government also promised not to increase fuel tax. In addition, road transporters and taxi drivers also received special assistance