The 5th EU electricity market reform: a renewable jackpot for all Europeans package?
Meeus, Leonardo ; Batlle, Carlos ; Glachant, Jean-Michel ; Hancher, Leigh ; Pototschnig, Alberto ; Schittekatte, Tim
European University Institute, San Domenico di Fiesole
EUI - San Domenico di Fiesole
2023
EU policy ; climate change ; energy policy ; electricity industry ; renewable resources
Policy Brief
2022/59
Energy
English
"Electricity prices are extremely high. We are short of gas in Europe, and gas power plants are pushing up the prices of electricity. It is also unfortunate that an unprecedented number of nuclear power plants are under forced maintenance in France, which increases electricity prices even further. Consumers are suffering, and some producers of electricity are making unexpected profits.
Many emergency measures have been taken to protect consumers and to claw back windfall profits. Beyond these short-term measures, the process towards an electricity market reform for the medium to long term has also started. This could become the fifth EU electricity market reform."
Digital
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