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Image header Agence Europe
Europe Daily Bulletin No. 13023
Contents Publication in full By article 24 / 29
NEWS BRIEFS / Energy

EU-wide cap on power generators’ super-profits should replace national measures, says WindEurope

16/09/2022 (Agence Europe)As the European Commission proposed on Wednesday 14 September to set an EU-wide cap of €180/MWh on revenues for inframarginal electricity producers (the majority of renewables, nuclear and lignite) (see EUROPE 13021/1), WindEurope, an organisation representing the European wind energy industry, is calling on the EU to ensure that this instrument replaces existing national measures so as not to undermine investment in renewable energy. The organisation criticises the possibility for Member States to introduce more ambitious measures than the cap. “Allowing countries to (...) have lower caps creates confusion and uncertainty - and will slow down the investments we so badly need”, said Giles Dickson, CEO of WindEurope. The Commission’s proposal does however specify that the implementation of more ambitious measures must not “undermine investment signals”. (DG)

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FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
SECTORAL POLICIES
INSTITUTIONAL
EXTERNAL ACTION
EU RESPONSE TO COVID-19
EUROPEAN PARLIAMENT PLENARY
COUNCIL OF EUROPE
NEWS BRIEFS
ADDENDUM