Electricity market reform on its way to the final sprint: "We've got what we needed"

The EU’s comprehensive market reform is nearing its final form. Current offshore wind projects are secured, but the reform may have long-term consequences, Lars Aagaard tells EnergyWatch.
A reform of the European electricity market is set to require the use of controversial two-sided contracts in order for new energy projects to gain access to state subsidies. According to Danish Minister for Climate and Energy Lars Aagaard (right), Denmark's current offshore developments are secure — but future projects could face a new tripwire. | Photo: Julien Warnand
A reform of the European electricity market is set to require the use of controversial two-sided contracts in order for new energy projects to gain access to state subsidies. According to Danish Minister for Climate and Energy Lars Aagaard (right), Denmark's current offshore developments are secure — but future projects could face a new tripwire. | Photo: Julien Warnand

It will be a good starting point for the Danish energy industry when the extensive and stormy reform of the EU electricity market enters its final phase in a few days.

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