European natural gas futures rose 22%, a record high. European benchmark natural gas prices continued to rise this week, reaching a record high on Tuesday, equivalent to $230 a barrel, as concerns about supply before winter pushed up energy commodity prices. Previously, the prices of natural gas, carbon and electricity in Europe hit record highs many times. European benchmark natural gas prices continued to rise this week, reaching an all-time high on Tuesday, equivalent to $230 a barrel, as supply concerns before winter pushed up energy commodities. Due to the rising prices of natural gas and coal in Europe and Asia and the expiration of nuclear power generation in France, the price of TTF natural gas in the Netherlands (the benchmark price of natural gas in Europe) soared to above 0/00 euro per MWh/kloc for the first time on Tuesday.

1. How do European countries cope with natural gas shortage?

The surge in natural gas prices has had a huge impact on British consumers and energy companies. In other European countries, consumers are also facing a sharp rise in electricity and gas bills.

1, EU: The soaring energy expenditure has brought great difficulties to countless families and some thorny problems to Brussels. EU leaders have been busy promoting their comprehensive plan to deal with climate change, aiming at reducing carbon emissions by 55% by 2030. It covers a wide range, but critics say the plan includes some suggestions, which may lead to a further sharp increase in energy prices. The EU is formulating guidelines on mitigation measures that member States can take independently within the scope of EU rules. However, there is no indication that the EU will take any major and concentrated intervention measures.

2. Spain: Spain's energy price is closely related to the natural gas wholesale market, so the electricity price per megawatt hour of consumers has recently hit record highs. In the second half of 20021,the wholesale price of natural gas in Spain was also the highest among European countries. In September, 20021,the coalition government led by Spanish Socialist Prime Minister Pedro Sanchez announced a series of measures aimed at curbing the rising energy costs. These measures include tax cuts and temporary cuts in excess profits made by energy companies. The latter move has attracted criticism from the energy industry, although the government has clarified that renewable energy suppliers will be exempted. The government stated that its goal is to reduce electricity charges by more than 20% by the end of 20021.

3. Italy: Italy is particularly vulnerable to the rise in natural gas prices. 40% of its energy comes from natural gas, about half of which comes from Russia. Therefore, the decline of Russian natural gas exports to Europe and the rise of raw material prices have dealt a great blow to Italy. The Italian government has spent about 654.38+0.2 billion euros to control the rise of household energy prices, and promised to provide another 3 billion euros of help in the coming months. Premier mario draghi said that in the next three months, some original so-called system costs will be deducted from natural gas and electricity charges. The initial tax increase was to help the transition to renewable energy.