Some member states are reportedly raising concerns over the market correction mechanism The EU proposal to limit the price of natural gas has left some member states in dismay, CNBC reported on Wednesday. The bloc’s energy ministers are due to debate the issue on Thursday. Some countries are not happy with the proposed €275 ($283) per megawatt hour ceiling on natural gas prices which aims to prevent sky-high costs for consumers, the media outlet reported. It pointed out that some nations are demanding concrete safeguards before greenlighting the proposal, while others say the cap is too high. “A price cap at the l
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