Power Price Subsidies Spark Tensions In EU Market Reform Talks

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The EU is contemplating omitting a segment of the electricity market reform due to clashes between France and Germany over fixed-price power contract subsidies.

Start Trading CFDs Over 2,200 Different InstrumentsStart Trading CFDs Over 2,200 Different Instruments3 days5 daysJosh Owens is the Content Director at Oilprice.com.

The draft compromise seen by Reuters includes three proposals to address the issue, including a proposal to scrap these rules in a first such suggestion since the EU countries started debating the power market reform. to revise the rules for electricity market design and for improving the EU protection against market manipulation in the wholesale energy market.

The market reform is expected to be voted on later this year, while the EU energy ministers will meet on October 17 to try to reach a deal on the reform among the member states. We will save the information entered above in our website. Your comment will then await moderation from one of our team. If approved, your data will then be publically viewable on this article. Please confirm you understand and are happy with this and ourby ticking this box. You can withdraw your consent, or ask us to give you a copy of the information we have stored, at any time byBy signing up to our newsletter, you agree for your email address to be shared with our third party mail providers.

 

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