Recommendations of the European Commission with respect to the informal European Council
The President of the European Commission sent a letter to the informal European Energy Council setting out a number of recommendations and areas for action.

Recommendations:
- Intensify negotiations without trusted partners to reduce the prices of imported gas, highlighting the European energy platform’s essential role in guaranteeing access to a competitive gas supply.
- Work together to develop an intervention that will limit the price of gas in the market.
- Introduce a time limit on the price of gas used to generate electricity.
- Boost investment to accelerate the energy transition.
BusinessEurope also urged leaders to agree new and targeted measures to reduce companies’ bills.
In this context, the Heads of State or Government met in Prague to discuss the three main challenges facing the EU:
- Its response to Russia’s war of aggression against Ukraine and the Kremlin’s continued escalation.
- How to ensure the security of energy supply and that is affordable for businesses and households before winter comes.
- How to address the economic questions arising from the war and its energy implications.
According to the President of the European Council, this informal summit should be seen as a strategic stage with a view to the next European Council on 20-21 October, at which it is hoped that progress can be made towards considering necessary measures.
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BusinessEurope wanted to highlight the negative impact that high energy prices are having on the survival of European companies, many of which are in a critical condition, and in a letter to the president of the European Commission it urgently askes that further measures be adopted.