On Friday 30 June, the representatives of the governments of the Member States to the EU (Coreper I) were unable to reach a consensus on the crucial electricity market reform. The Swedish Presidency of the Council had been striving to secure an agreement before Spain’s rotating Presidency takes over on 1 July.
Following the failure of the European Energy Ministers to adopt a common position at the ‘Energy’ Council in Luxembourg on 19 June (see EUROPE 13204/1), work resumed in Coreper I to try to finalise the text on the last day of the Swedish Presidency of the Council.
The points of disagreement still concern the application of contracts for differences (CfDs), which could be applied to existing generation capacity such as nuclear power stations, and also the CO2 emission limits governing access to capacity mechanisms, which could subsidise certain coal-fired power stations.
The representatives also briefly returned to the negotiations concerning the inclusion of a cap on inframarginal income in the electricity market design regulation (until 30 June 2024).
It is now up to the Spanish Presidency to continue the negotiations in order to find a compromise, although no new negotiation dates have yet been announced. (Original version in French by Pauline Denys)