Non-gas producers have seen excess revenue under the marginal pricing determined by gas.

Palestinians dig graves to bury their relatives who were killed in the Israeli bombardment of the Gaza Strip, at the Nasser hospital in Khan Younis, Monday, Jan. 22, 2024.

Now playing Next

Watch: UN urged investigate 'crimes committed' by Israel in Gaza

Latest news bulletin | April 26th – Evening

Now playing Next

Latest news bulletin | April 26th – Evening

A white horse on the loose bolt through the streets of London near Aldwych, on Wednesday April 24, 2024.

Now playing Next

Several military horses run wild in London, injuring four people

Beached whales Australia.

Now playing Next

WATCH: Hundreds of whales beached on Australian coast

German soldiers assigned to Surface Air and Missile Defense Wing 1, fire the Patriot weapons system at NATO Missile Firing Installation, in Chania, Greece, on Nov. 8, 2017

Now playing Next

US expected to provide €5.5 billion to fund weapons for Ukraine

A porter carries tourists luggages outside the main train station in Venice, Italy, Wednesday 24 April 2024

Now playing Next

Venice fines tourists who don’t pay city entrance fee

French President Emmanuel Macron delivers a speech on Europe in the amphitheater of the Sorbonne University, April 25 in Paris. 2024.

Now playing Next

'Europe is mortal': Macron calls for more EU unity and sovereignty

China's Foreign Minister Wang Yi and U.S. Secretary of State Antony Blinken in Beijing, China. (AP Photo/Mark Schiefelbein, Pool)

Now playing Next

Blinken meets Chinese President Xi as US-China spar over key issues

Former British parliamentary researcher Christopher Cash arrives at Westminster Magistrates' Court in London, Friday April 26, 2024.

Now playing Next

Two men charged in UK with spying for China granted bail

Greg Casar, Congressman for Texas Congressional District 35, addressed UT-Austin professors, students, and supporters outside the Main Building on Thursday, April 25, 2024.

Now playing Next

Watch: Student protests over Israel Hamas war grip several US states

French Defense Minister Sebastien Lecornu, right, and his German counterpart Boris Pistorius shake hands after signing an agreement in Paris on Friday, April 26, 2024.

Now playing Next

'Tank of the future': France and Germany sign new arms deal

Stewards check tourists QR code access outside the main train station in Venice, Italy, 26 April 2024

Now playing Next

Protests in Venice following €5 tourist entry fee

This will impact your life

Updated: 06/09/2022 - 16:27

Video. Cost of living crisis: What energy prices does the EU want to cap?

Member states are discussing a proposal to partially capture the excess revenues made by renewable and nuclear energy.

Read full article

More from This will impact your life

The June elections will elect the 720 Members of the European Parliament.

Now playing Next

This will impact your life

Everything you need to know: Your guide to the 2024 European elections

Demonstrators take part in a march to mark International Transgender Day of Visibility in Lisbon, Thursday, March 31, 2022.

Now playing Next

This will impact your life

Surge in transphobic speech sparks fears ahead of EU elections

The European Union's population is projected to peak around 2026 and then gradually decrease.

Now playing Next

This will impact your life

Brussels sounds alarm about EU's rapidly ageing population

Under the proposed reform, contracts for difference will become mandatory for low-carbon power plants that require national subsidies.

Now playing Next

This will impact your life

Electricity market reform: What exactly is a contract for difference?

Latest video

A petition to stop sexual harassment in the European Parliament

Now playing Next

After scandal-stained term, rules to clean up EU parliament weakened

André Ventura

Now playing Next

Portugal's far-right seduces youth, 50 years on from dictatorship

FILE - Palestinians flee from northern Gaza as Israeli tanks block the Salah al-Din road in the central Gaza Strip Friday, Nov. 24, 2023,

Now playing Next

War in Gaza: 18 countries urge Hamas to free hostages

Spanish Prime Minister Pedro Sanchez grimaces during a press conference after meeting with Slovenia's Prime Minister Robert Golob, Tuesday, April 16, 2024.

Now playing Next

Spanish PM weighs options amid wife corruption accusations

French Far-right party National Rally president Jordan Bardella delivers a speech at a meeting, in Marseille, southern France, Sunday, March 3, 2024.

Now playing Next

French far-right candidate kicks off campaign but dodges questions

Women from Syria in a refugee camp, outside of the capital Nicosia, in the eastern Mediterranean island of Cyprus, on Sunday, Sept. 10, 2017.

Now playing Next

Cyprus overwhelmed as number of refugee arrivals surges

Serbian President Aleksandar Vucic attends the government session in Belgrade, Serbia, Thursday, Dec. 15, 2022.

Now playing Next

Serbia president sorry for calling Slovenians 'disgusting'

WATCH: Should the Premier League have a salary cap?

Now playing Next

WATCH: Should the Premier League have a salary cap?

IN PARTNERSHIP WITH MEDIA CITY

A journalist gives Spanish socialist leader Pedro Sanchez and his wife Begona Gomez leave a polling station during the national elections in Madrid, Spain, Sunday, June. 25

Now playing Next

Judge asks for investigation into Spain PM's wife to be suspended

Visitors gather at a book shop during an annual book festival, celebrating Alexander Pushkin's birthday in Moscow, Russia, Sunday, June 4, 2023.

Now playing Next

Police rumble gang stealing antique books across Europe

Italy's Prime Minister Giorgia Meloni shakes hands with President Sergio Mattarella at 79th anniversary of Liberation Day (Roberto Monaldo/LaPresse via AP)

Now playing Next

Italy marks anniveersary of fascist defeat amid TV censorship row

MEPs vote during a plenary session on Strasbourg, France, on April 24, 2024.

Now playing Next

EU Parliament leaders recall term's highs and lows at last sitting

Moulin Rouge

Now playing Next

Moulin Rouge's iconic windmill sails collapse overnight

Roberta Metsola appeals to voters ahead of European Elections: ‘You have a choice’

Now playing Next

the global conversation

‘You have a choice,' says Roberta Metsola ahead of European elections

In February, biomolecular engineers at Yonsei University in South Korea successfully integrated animal cells into rice grains in a bid to develop a sustainable future food.

Now playing Next

Would you try this lab-grown pink rice made with bovine cells?

Various of stranded whales and rescuers

Now playing Next

Mass stranding: Over 160 pilot whales beached in Western Australia