2024-06-14
http://w3.windfair.us/wind-energy/news/43513-windeurope-eu-electricity-market-proposal-design-reform-europe-investment-market-design-wind-costs

WindEurope: "evolution, not radical changes"

Image: PixabayImage: Pixabay
WindEurope comments on the EU Commission's proposal of the revision of the European electricity market design

Official Press Release WindEurope:

EU electricity market design: Council and Parliament must stick to targeted reform

Wind Industry Profile of
EU electricity market design: Council and Parliament must stick to targeted reform

The European Commission has proposed a targeted revision of the EU’s electricity market design. It makes Contracts-for-Difference the new norm for supporting renewables investments. It also allows investors to sell their electricity via Power Purchase Agreements or directly on the electricity market. And it actively supports the growth of PPAs. The Council and Parliament must now stick to this balanced proposal and end the current investment uncertainty caused by uncoordinated national market interventions.

The European Commission has presented its proposal for a revised EU electricity market design. WindEurope CEO Giles Dickson says: “The problem of Europe’s electricity market these last two years has not been the market design. It’s been high gas prices,... ... More: Official Press Release WindEurope

Keywords:
WindEurope, EU, electricity market, proposal, design, reform, Europe, investment, market design, wind, costs







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