European Commission president Ursula von der Leyen declares an energy emergency. The crisis will not be contained to Europe. EC President Seeks 'Emergency Intervention' in Electricity Market Please note Ursula von der Leyen Calls for 'Emergency Intervention' in Electricity Market. "The skyrocketing electricity prices are now exposing, for different reasons, the limitations of our current electricity market design," the European Commission president said on Monday while addressing the Bled Strategic Forum in Slovenia. "[The market] was developed under completely different circumstances and for completely different purposes. It is no longer fit for purpose. "That is why we, the Commission, are...