This is effectively similar to the "energy price ceiling" that the Netherlands have introduced for this year: https://www.government.nl/topics/energy-crisis/cab

This is effectively similar to the "energy price ceiling" that the Netherlands have introduced for this year: https://www.government.nl/topics/energy-crisis/cabinet-plans-price-cap-for-gas-and-electricity https://www.government.nl/topics/energy-crisis/cabinet-plans... Note: the most recent English document still describes this as "planned", but it has been approved and has gone into effect with the start of 2023. The difference is though that the state subsidies the "cheaper" rate. When a customer has consumed the subsidized amount of electricity or gas, they pay the full market price.