Households and companies all over Europe are suffering from rising electricity prices. The price increases can be partially attributed to the design of electricity markets in Europe.
Therefore, the European Commission plans to reform European electricity markets, as temporary measures to counter the energy crisis will expire this year.
The European electricity market is a complex system which has been gradually harmonized among the Member States over the last decades. However, Member States are split on how to simultaneously lower electricity prices and expand renewables. What are the differences between the member states’ positions? How does the proposal for a new electricity market design by the European Commission address those different positions?
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