The Commission’s proposal to revise the EU’s Electricity Market Design is one of the most important legislative acts tabled under this College.
It has a number of key objectives including;
The Commission has proposed to maintain a clear market-based approach, with the Internal Electricity Market containing to be founded on marginal pricing and not envisaging to grandfather inframarginal price caps or permit single buyer type models. However, certain Member States have argued for a more interventionist option, for example with the possibility to impose regulated prices on certain existing assets.
The event will be hosted by Andris Piebalgs and Christopher Jones, FSR. Leonardo Meeus, the Director of FSR, will present the conclusions of his recently published paper on these issues, followed by comments from Catharina Sikow-Magny, Director of DG Energy, Nicolás González Casares, Member of European Parliament, Rapporteur for the legislative file to improve the Union’s electricity market, and Pierre Tardieu, Chief Policy Officer, Wind Europe.
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