Revamping the EU electricity market

The energy crisis of 2022 has brought new challenges for the EU electricity market. Concerns over very high prices, security of energy supply, and the need to increase decarbonisation have sparked discussions on the need to redesign the EU's electricity market. After the short-term measures adopted to mitigate the impact of the energy crisis, the European Commission has unveiled its much-awaited plan to reform the electricity market, with a triple objective: to shelter consumers from excessive bills, boost renewables and enhance competitiveness.

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Source: © European Union - EP