Although there is room for improvement, the current design of the EU wholesale electricity market is worth keeping and is not to blame for the energy crisis in Europe, the European Agency for the Cooperation of Energy Regulators (ACER) concluded on Friday 29 April in its final assessment of the advantages and disadvantages of the functioning of this market.
The results of this assessment - commissioned by the European Commission at the request of some Member States (see EUROPE B12811A1) -...