The plan the EU came up with to address the energy crisis does not go far enough according to people in the industry.

The EU's plans to address the energy crisis fall short, according to industry groups.

High gas prices are the main driver of rising electricity costs.

High gas prices are the main driver of rising electricity costs in Europe, according to industry groups. The European Commission's proposal to cut electricity use and apply windfall-profit levies on energy firms will not address the issue of high gas prices, they say.

Around 70% of European ammonia production had halted since August due to soaring gas prices, Fertilizers Europe said. Gas is a key ingredient in current methods of producing ammonia.

Dutch front-month gas prices have dipped this month, but are still around 14 times higher than two years ago. The leap in prices has been fuelled by Russia slashing gas deliveries to Europe following Moscow's invasion of Ukraine in February.

European steel sector lobby Eurofer said the EU plans "fall short of securing affordable energy supplies" and were unlikely to prevent production cuts and temporary lay-offs in the sector.

The EU's plans do not address the issue of high gas prices.

The EU's package of emergency measures to bring down energy costs does not go far enough, and they urge Brussels to do more to tame gas prices, according to industry groups.

The European Commission on Wednesday proposed cuts in electricity use and applying windfall-profit levies on energy firms, which it said would raise 140 billion euros for governments to rechannel into helping businesses and citizens with soaring energy bills.

"These measures are not enough and will not save the energy-intensive aluminium industry from further production cuts, job losses, and possibly a complete breakdown," industry group European Aluminium said in a statement.

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The energy-intensive sector is urging the EU to take additional measures to address the issue of high gas prices.

The sector is calling for a physical supply of competitively priced gas.

The energy-intensive sector is urging the EU to take additional measures to address the issue of high gas prices. The sector is calling for a physical supply of competitively priced gas. One way to achieve this would be for the EU to purchase gas on the international market and store it in strategic reserves. This would provide a physical buffer against price spikes and help to ensure that supplies are available in the event of a disruption.

The sector is also calling for further steps to be taken to target the gas market.

In addition to increasing storage, the energy-intensive sector is also calling for further steps to be taken to target the gas market. Specifically, the sector is calling for measures that would increase transparency and reduce speculation. These measures could include greater regulation of trading platforms and improved data reporting requirements.

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Some EU countries are opposed to the idea of capping gas prices.

The countries are concerned that capping prices would compromise Europe's ability to shore up supplies this winter.

The EU has shelved an earlier plan to cap only Russian gas prices.

Some EU countries are opposed to the idea of capping gas prices, as they believe it would compromise Europe's ability to shore up supplies this winter. The EU has shelved an earlier plan to cap only Russian gas prices, after opposition from central and eastern European countries that were worried Moscow would retaliate by halting what little supplies it still sends to the bloc.

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The Commission's proposals are unlikely to be approved at the Sept. 30 meeting.

Some countries have raised concerns about the plans.

However, some diplomats are cautiously optimistic that the proposals will be approved.

Some countries have raised concerns about the Commission's proposals to address the energy crisis, and it is unlikely that the proposals will be approved at the Sept. 30 meeting. Countries such as Italy and Poland are in favor of a price cap on imported gas, but Germany and other countries oppose the idea, fearing that it would drive supply away from non-Russian producers. The Commission has left gas price caps out of its proposals, and some EU officials have echoed concerns that capping prices would compromise Europe's ability to shore up supplies this winter.

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