07/09/23 (Agence Europe) – As part of the ongoing negotiations on the reform of the electricity market, the debate on the way in which Member States are authorised to grant subsidies (notably via CFDs) for electricity prices and production is continuing. Germany and France are at odds over the conditions for granting these subsidies to existing production capacity, such as nuclear power stations (see EUROPE 13213/9). While the Council of the EU has not yet adopted its position on the text, the Parliament has already reached an agreement (see EUROPE 13226/1) and several MEPs are concerned about a “subsidy race” between Member States. In this context, the shadow rapporteur for EMD ('electricity market design'), Michael Bloss (Greens/EFA, Germany), is calling for a European electricity price for industry that “should promote transformation and apply only to companies that genuinely decarbonise their production”. (PLD)