Danish economist: "Market imbalances should be solved by the market"
As the EU Commission prepares its reform proposal for the union’s electricity market, a Danish economist warns that interventions in squeezed markets meant to buffer rate payers could end up costing more in the long term.
BY LOUISE WENDT JENSEN, TRANSLATED BY DANIEL FRANK CHRISTENSEN
While the EU Commission is readying its proposals for reforming the union’s electricity market and has already sent initial suggestions to public consultation, the Danish government is working on formulating its national version of policy meant to prevent the price of natural gas from skyrocketing once again.
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