EU member states must coordinate on energy prices, von der Leyen says

European Commission President Ursula von der Leyen arrives astatine a property league successful Brussels, Belgium, connected April 13, 2026. [Yves Herman/Reuters]

The European Union’s subordinate states indispensable coordinate connected vigor prices amid a 22 cardinal euro ($25.70 billion) summation successful fossil substance bills since the start of the Iran war, EU Commission President Ursula von der Leyen said connected Monday.

“We’re besides looking into … ⁠coordination of subordinate states’ state ⁠storage filling to debar that galore subordinate states spell to the marketplace astatine the aforesaid time,” ​von der Leyen told reporters ⁠in Brussels.

“And we will coordinate lipid stock releases, to execute the largest imaginable effect, and ⁠we will guarantee ‌that ⁠member states’ exigency measures will not interaction the single market.”

The EU Commission is readying to people proposals ​for vigor terms measures connected April 22, to beryllium ‌discussed by EU leaders astatine their informal summit adjacent week.

Separately the EU’s enforcement limb will contiguous an electrification strategy earlier the summer, ​von der Leyen said arsenic she stressed the request for structural measures to little vigor prices arsenic well.

“We are paying ‌a ​very precocious terms for our planetary dependency connected fossil fuels, and the grim world for our ⁠continent is fossil substance vigor will ‌remain the astir costly enactment successful the years ​to come,” von der Leyen said.

“Our strategy to decarbonize has ‌not ⁠only ⁠been confirmed successful the past years, but ​is increasing successful value time by day,” she added.

[Reuters]