The European Commissioner for Energy, Kadri Simson, presented on Tuesday 14 March her proposal for the reform of the electricity market (2023/0077), which aims to mitigate high and volatile energy prices for consumers and businesses, but also to ensure energy sovereignty and achieve climate neutrality.
“The crisis spurred by Russia's attack on Ukraine exposed a number of shortcomings in the current system which needed to be addressed”, said Kadri Simson. “The current framework...