Havlíček (ANO): Europe entering another energy crisis

Europe is entering another energy crisis that is likely to hit Central Europe particularly hard, Czech Industry and Trade Minister Karel Havlíček (ANO) said on Friday. Speaking at an energy summit in Prague, Havlíček warned that rising wholesale gas and electricity prices would gradually reach consumers over the coming months. He said Czechia would seek allies within the EU for measures to stabilise energy prices. In particular, Prague wants to postpone the EU’s planned ETS 2 emissions trading system and limit the impact of the existing ETS 1 scheme on some industries. The government is also prepared to cap electricity prices if market prices continue to rise.