EU states demand more flexibility on capping electricity profits

The EU Commission’s proposal, up for vote among the union’s energy ministers on Sept. 30, has made its through national machinery and is now turning into a patchwork quilt of regulatory exemptions.

EU's energikommissær, Kadri Simson, og Kommissionens viceformand, Frans Timmermans, som er ansvarlig for EU's grønne pagt, holdt 14. september i Strasbourg et pressemøde, hvor de præsenterede EU-Kommissionens forslag til at komme de høje energipriser til livs. | Photo: Yves Herman/REUTERS / X00380

Negotiations between EU states have been lively over the past week since Sept. 14, when the EU Commission presented its proposal for containing explosive energy prices in Europe.

The main elements include an earnings ceiling on inframarginal technologies, such as wind, solar, nuclear, biomass, geothermal and lignite, at EUR 180 per MWh.

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