This may include advertisements from us and 3rd parties based on our understanding. The bloc's energy ministers met last Thursday as the bloc's energy crisis persists, with bills remaining high even though they have dipped from the record numbers that peaked in October. With gas supplies tightened, storage levels low and a cold winter ahead, the high gas prices are also driving up electricity prices as a result of the marginal production capacity available to fire up power plants at short notice to meet peak demand.