16/07/24 (Agence Europe) – On Tuesday 16 July, the reform of the design of the electricity market (a directive and a regulation) came into force throughout the European Union. Adopted on 21 May by the EU Council (see EUROPE B13413A12), it aims to ensure more stable, predictable and sustainable prices on the European electricity market in response to the surge in prices resulting from the energy crisis that began in 2022 following Russia’s invasion of Ukraine. In particular, the...