Revealed: EU electricity market reform steps back from radical overhaul

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Revealed: EU electricity market reform steps back from radical overhaul
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The EU is to step back from major reforms of the electricity market signalled over the last year, according to the draft of a plan to be launched by the European Commission this week, seen by the Business Post

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The EU is to step back from major reforms of the electricity market which had been signalled over the last year, according to the draft of a plan to be launched by the European Commission this week.

The commission will instead propose a range of interventions this Thursday that amount to a tweaking of the bloc’s electricity market, rather than the major reform which had been expected, according to a draft document seen by the Business Post.

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