Bringing down the price of electricity bills
EAJ-PNV MEP Izaskun Bilbao Barandica has transferred to the Energy Commissioner the proposals put forward by the Basque Country to lower electricity bills.
Izaskun Bilbao Barandica took part in the debate held in the European Parliament's Committee on Industry, Energy and Research to discuss the package of measures presented yesterday by the European Commission on the rise in energy prices the Jeltzale representative insisted on the idea of participating and contributing to the solutions adopted at all levels to tackle this crisis, to avoid improvisation and haste in combating a problem whose solution requires agreements and shared solutions.
Recalling processes such as the one experienced to combat the pandemic with vaccination, the EAJ-PNV representative assured that "the solution to this energy price crisis will come, as has been demonstrated with the pandemic, thanks to joint work to invest and innovate together, counting on all levels of governance and with a shared objective: a single, greener and more social energy market".
Izaskun Bilbao Barandica agreed with some of the measures contained in the European Commission's communication. She said we need to activate the joint purchase of gas, improve storage, and measure against energy poverty in the short term. But she called for coherence for medium and long-term measures. "We have opted to recover by reindustrialising Europe. For this, we must bring energy and industrial policy into line, as we have been demanding for decades in the Basque Country. This will benefit both domestic consumers and companies because it will speed up the transition and deepen consumption savings, efficiency, and decarbonisation. The large electricity companies must be prevented from taking uncontrolled advantage of this situation, but with measures that do not generate "side effects" such as suffocating energy-intensive companies".
Based on these arguments, she expressed interest in the viability of public financing to temporarily eliminate external costs that are part of the electricity bill but not directly linked to production costs. She also encouraged Brussels to promote long-term contracts, which have proven to protect end consumers in this type of crisis. Finally, she asked what measures the EU can take to coordinate the response to this crisis "and prevent this situation from further disrupting energy-related competition disturbances in the internal market".