Habemus agreement. After four months of talks, ministers Energy between twenty seven European Union countries have reached a certain point agreement Open reform electricity market unanimously by abstaining Hungary, according to council sources. The aim of the reform proposed by Brussels in March is to: reduce price dependency electricity from fossil fuels Avoid volatility and speed up deployment renewable energy. “We have reached an agreement that would have been unthinkable a few years ago. Consumers will benefit from much more stable energy prices, less dependence on fossil fuels and better protection against future crises. We will also accelerate the expansion of renewable energy sources.” , congratulated the third vice president and minister responsible for the Ecological Transition, Teresa Ribera.
The agreement, which managed to close the disputes between France and Germany, is now authority Negotiations between the Council and the European Parliament to finalize the final version of the legislation. Regarding Hungary’s abstention, Ribera stated that it was due to an issue with “taxation and its impact on prices”. “There are issues that have not been fully developed in this regulation text, how and under what conditions we handle the storage issue. We have said from the beginning that there are issues we need to do. develop in the future“The vice president announced at a press conference.
HE main castle came from the axis in recent months Franco-German about agreements regarding differences, These are long-term contracts made by public institutions to support investments, added in cases where the market price is low, and demanding a return from the producer when the market price exceeds a certain limit, to prevent excessive profits. generators. France and related countries They wanted the plan to be put into practice existing facilities about to get Cheap prices for your nuclear energy. However Germany and other countries I wanted to limit the amount of energy subject to this mechanism. German Government He also argued that the income generated from these vehicles would be directed not only to the public, but also to the public. consumersIt also provides benefits companies to help their industry.
The finally approved agreement sets this figure as the sole support formula for the EU. Investing in new facilities, allowing their use in existing assets (such as nuclear), but under certain conditions European Commission will be responsible for monitoring within the scope of the criteriaequal playing field between Member States”, as explained by the Energy Commissioner, Kadri Simson and Teresa Ribera at a press conference. “One for victory nuclear energy Because the agreement guarantees: total technological neutrality Regarding all low-carbon energies, nuclear and renewable energies, the French Minister of Energy Transition said: Agnès Pannier-Runacher.
The agreement also includes: flexibility redistribute income generated Through this mechanism, they can be used among end customers, as well as to finance companies’ energy bills.
The proposal also eliminates its “interim” nature. capacity mechanisms –rewarding technologies for their usability– and simplifies procedures, as described in a description. The current regime allows the creation of this type of market; A last resort formula that is very difficult to use in practice. Also to satisfy Poland, which is heavily dependent on coal, latest proposal adds an exception until 2028 As explained by Ribera, about the limits on CO2 emissions of the security mechanism in case the supply is secured.
It includes strengthening consumer protection by establishing access. dynamic electricity prices, It adds the possibility of fixed-term and fixed-price contracts and the “temporary” application of regulated prices for small and medium-sized companies in times of crisis, even below their costs. Additionally, “very high” average wholesale prices are expected to persist for at least six months and strong increases in retail prices are expected to continue for at least three months, which is defined as the declaration of a temporary electricity price crisis.
The goal now is to start this process negotiations with European Parliament Shaping the final text from next Thursday and complying with the plan of the Spanish presidency of the EU and the European Commission to deliver a reform before the end of the year.