Malta has intensified its calls for action on surging energy prices during a meeting of the EU Energy Ministers’ Council. Citing the Draghi report on European competitiveness, Malta emphasized that stable energy prices are essential for maintaining the region’s economic edge.
Environment and Energy Minister Miriam Dalli highlighted the vulnerability of southern EU countries, which are particularly impacted by rising energy costs. She noted that Malta is keeping prices stable to protect families and businesses, stressing the need for broader EU support to ensure a properly functioning energy market.
Minister Dalli also pointed out that high energy costs put European nations at a disadvantage compared to non-EU countries, undermining global competitiveness. She called for increased investment in energy interconnections and flexible technologies like large-scale battery storage, along with more support for renewable energy projects, especially in the Mediterranean region.
The topic was further discussed at a Friends of Renewables meeting, co-chaired by Minister Dalli and her Danish counterpart. This group, consisting of 15 countries, urged the European Commission to prioritize renewable energy ahead of the incoming Commission’s term.
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