Why a gas price cap could worsen the energy crisis

Europe’s Energy Council recently voted for an EU gas price cap despite warnings from the European Federation of Energy Traders (EFET) and other industry representatives. 

The question is, what happens now?

Mark Copley, CEO of EFET talks about how this will impact Europe’s gas markets. He explains why political intervention remains one of the biggest risks to the energy industry potentially reducing confidence in the long term.