France and eight other states European Union I grew up this Tuesday An alternative electricity market reform to the proposal circulated by the Spanish Council presidency This complicates the consensus sought in the Spanish text, which introduces controls to prevent market distortions that are particularly worrying, while making concessions to France, whose energy ‘mix’ has a strong nuclear energy presence. Germany.
The proposal, available to Europa Press, was signed by: France, Czech Republic, Bulgaria, Croatia, Hungary, Poland, Romania, Slovakia and Sloveniaall members of the self-proclaimed coalition ‘Nuclear Alliance’ It emerged on the margins of the Stockholm Energy Council (Sweden) in February – comprising a total of 16 countries – with a “commitment to continue strengthening European cooperation in nuclear energy as a key component of energy ambition and the global climate”. Europe”.
United by the strong presence of nuclear energy in their energy ‘mix’, these nine countries retained in their new text the concessions made by the Spanish proposal to extend the life of nuclear power plants, but Eliminates controls put in place in exchange for preventing market distortionSomething that particularly worries Germany.
Thus, the presidency of the Council was sought. Bridging the gap between France and GermanyThe conflict that frustrated the reform deal last June after Berlin refused to open up financing of contracts for which the seller pays the buyer the difference in the energy price from the moment of purchase to the signing of the contract, because already existing nuclear power plants are considered to be of undue benefit to Paris.
Spanish text to bring both positions closer together, Determining prices in case of extending the useful life of nuclear power plants Countries benefiting from these incentives thus impose controls that do not lead to distortions in the market, while preserving the autonomy of Member States to choose their own energy ‘mix’.
But, France and its nuclear partners want to eliminate these controlsAs well as the liability report planned to be submitted to the European Commission, although they maintain concessions to extend the life of existing facilities.
The proposal from these nine countries completely eliminates the fact that contracts for difference are designed to guarantee that there will be no under- or over-compensation; determine fee amounts through a transparent and non-discriminatory tendering process; and avoid distortion of competition and trade in the domestic market, which comes from distributing revenue to companies.
They also eliminate revenue provision from prices in the form of contracts to distribute differences to end customers or reduce electricity costs for consumers.
In this scenario, the Spanish presidency of the Council considers that all proposals should be adapted to the current situation. consensus is needed This requires finding a way out of this situation, but other diplomatic sources consider this alternative to be one that “absolutely” will not lead to consensus among the Twenty-Seven.
Source: Informacion
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