EC to present EU electricity market reform, which includes going off gas at 18:56 March

The European Commission (EC) will present a reform plan in the European Union (EU) electricity market in March 2023, in which the price will be established regardless of the cost of natural gas. This was expressed by Virginijus Sinkevičius, European Commissioner for the Environment and Oceans of the Baltic Republic, at the meeting of the Lithuanian Seimas (Parliamentary) Committee, transmits TASS.

“The European Commission plans to submit its proposals in March for a reform that separates the price of electricity from the price of gas,” Sinkevičius said. said.

According to him, it is still impossible to talk about the details of the project, as consultations have taken place with EU member states and interested parties. However, what kind of faces Sinkevičius decided to keep quiet.

According to current rules, an important component when electricity price occurs in the market is the price of natural gas.

AK in mid-September suggested measures to tackle the energy crisis by limiting the revenues of energy producers, which will raise €140 billion.According to Ursula von der Leyen, millions of Europeans now need support to pay their bills. At the same time, some establishments generate electricity at a low price while making huge profits.

Source: Gazeta


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