European Parliament adopts EU electricity market reforms

The European Parliament has adopted electricity market reforms aimed at making the European Union's electricity market more stable, affordable, and sustainable. The reforms include a focus on two-way contracts for difference (CfD), a mechanism to declare electricity price crises, and protections for consumers against volatile prices. The European Parliament has officially adopted new reforms for the EU electricity market. The measures, first proposed in March 2023 and approved by the European Council in October 2023, now need to be formally adopted by the European Council to become law. According ...

Den vollständigen Artikel lesen ...