Putin is losing raw weapons against the West. According to analyst Nerad |, the Union does not discount renewable resources iRADIO

The European Commission presented its proposals for dealing with the effects of high energy prices. Among the key measures is the withdrawal of part of the profits of non-gas power plants. “It’s no surprise, nor should it be. The commission is only fulfilling the tasks of the Union ministers for energy,” states Czech Radio analyst Filip Nerad.



Prague
0:10 September 16, 2022

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Russian gas, energy, energetics | Source: Profimedia

However, the Commission left it up to the member states to decide how the excess profits of electricity producers or sellers of fossil fuels should be transferred to state budgets.

Listen to Jan Bumba’s full Interview Plus. The guest is Filip Nerad, head of Czech Radio’s foreign editorial office and former correspondent in Brussels

Putin-is-losing-raw-weapons-against-the-

“She behaved like a smart burner. At the same time, however, it should not be called a tax, because then it would be subject to unanimous approval and would be more difficult to enforce,” explains the head of Czech Radio’s foreign editorial office.

It is said that the measures should ideally be clear by the end of September, i.e. before the heating season starts in full and it will be necessary to save.

The Commission also originally wanted to cap the prices of Russian gas, but the eastern member countries in particular were against it because they are dependent on its imports. They also rejected capping all gas prices because that could jeopardize efforts to replace Russian gas with imports of liquefied natural gas from the United States, Norway, Qatar, Algeria and other countries.

The Union will not budge

According to Nerad, it is impossible to negotiate gas supplies directly with Russia, which is proving to be a completely unreliable partner, for example, even with Hungary, with which it has above-standard relations.

“The European Union, maybe with the exception of Hungary, will completely cut itself off from Russia or there will be negligible supplies.”


Philip Nerad

“In addition, we are only at the end of the pipe leading through Slovakia and Hungary, so we are not sure that all the contracted gas will reach us. A pan-European solution gives us more certainty,” he emphasizes, adding that the Czechia must also try to negotiate supplies on its own.

He also points out that many large countries managed to get rid of their dependence on Russian gas in the past six months. “It’s going on and it’s becoming clear that raw materials in general are not enough for Vladimir Putin as weapons against the West in the long term. The European Union, maybe with the exception of Hungary, will completely cut itself off from Russia or it will be negligible supplies,” he believes.


Countries in the European Union may have to limit energy consumption during peak hours, the European Commission suggests

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In the European Union, it is said that there is a consensus not only that Russia is to blame for the energy crisis, but also that the long-term solution to the problem of expensive energy is a transition to cheaper renewable sources. “The European Union is not making any concessions in this direction, even if some countries are now resorting more to coal-fired power plants or nuclear,” he points out.

“Even the more skeptical countries are not against it. Prime Minister Fiala (ODS) has expressed skepticism about these plans in the past, and some leading MEPs from his party are major critics of this policy, but at present the Czech government does not question it. It’s something the European bloc has committed to, and now we have to find a way to do it so it doesn’t destroy the European economy,” concludes the analyst.

Is the European Union managing crises better and better? Listen in the Interview Plus recording.

Jan Bumba, Michael Erhart

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