Europe’s Electricity Market Design needs to be fully consistent with the EU’s climate strategy, says WindEurope

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Today, a letter co-signed by WindEurope CEO Giles Dickson will be presented to Members of European Parliament arguing that Europe’s Electricity Market Design needs to be fully consistent with the EU’s climate strategy.

The letter will be presented ahead of the Industry, Research and Energy committee’s first exchange of views on the reform of Europe’s Electricity Market Design. Currently, the EU power sector faces an overcapacity of power generation by approx. 13% (160 GW). Such overcapacity contributes to plummeting power prices and the deterioration of investments in any power generation, ... More: Official Press Release WindEurope

Keywords:

WindEurope, Giles Dickson, European Parliament, electricity market