european-parliament-approves-reform-of-the-eu-electricity-market

European Parliament approves reform of the EU electricity market

 • 29938 переглядiв

The European Parliament has approved the proposed reform of the EU electricity market, which, in particular, should reduce the dependence of electricity prices on volatile fossil fuel prices and accelerate the deployment of renewable energy sources. UNN writes about this with reference to the European Parliament's portal.

Details

433 MPs supported the reform, 140 voted against it, and 15 abstained.

It is noted that the reform is aimed at protecting consumers from price hikes, accelerating the introduction of renewable energy sources and improving consumer protection.

The European Commission, which presented the proposal, states that the market reform aims to make the EU energy market more resilient and make the electricity bills of European consumers and companies more independent of the short-term market price of electricity.

According to the proposal adopted by the European Parliament, vulnerable consumers will be protected from power outages, including during disputes between suppliers and consumers.

According to the draft law, which still needs formal approval by the EU Council to become law, in the event of very high prices and under certain conditions, the EU can declare a regional or pan-European electricity price crisis, allowing member states to take temporary measures to set electricity prices for small and medium-sized enterprises and energy-intensive industrial consumers.

The reform will also allow the use of so-called contracts for difference (CfD), or equivalent schemes with the same effects, in all investments in new electricity generation, regardless of whether it is renewable energy or nuclear power, the European Parliament said.

The Parliament has taken a step forward in democratizing the energy sector by creating a market model that responds to the shortcomings revealed by the energy crisis. All consumers, including micro, small and medium-sized enterprises, will have access to long-term, affordable and stable prices

- said MEP Nicolas González Casares.

У Міненерго прокоментували чутки про підвищення цін на електроенергію08.04.24, 00:01

Popular

At least 67 people killed in Nigeria's charity rally stampede

 • 34885 переглядiв

Fico tells what he talked about with Putin during a meeting in the Kremlin

 • 45308 переглядiв

Gaza ceasefire talks 90% complete - BBC

 • 19426 переглядiв

News by theme

European Parliament approves reform of the EU electricity market

 • 29938 переглядiв

Fire at Trypillia TPP localized, debris is being cleared

 • 28191 переглядiв

NACP: Poroshenko's income increased almost 20 times in two years of large-scale war

 • 30317 переглядiв

Partisan Russian soldiers disappear en masse in Kherson region

 • 25659 переглядiв

In France, the government is pushing an "end-of-life" law

 • 25845 переглядiв

Expert Olena Sosiedka told us what to look for when investing in memecoins

 • 25411 переглядiв