EU energy ministers agree power price mitigation package
October 1, 2022 Comments Off
EU energy ministers reached political agreement Sept. 30 on measures to mitigate high electricity prices, including a mandatory 5% cut in peak hour power demand and a Eur180/MWh revenue cap on inframarginal generators, the Czech Presidency of the EU Council said following an emergency meeting in Brussels. The measures were described as “temporary and extraordinary in nature”, with demand reduction…
EU energy ministers agree power price mitigation package
EU energy ministers reached political agreement Sept. 30 on measures to mitigate high electricity prices, including a mandatory 5% cut in peak hour power demand and a Eur180/MWh revenue cap on inframarginal generators, the Czech Presidency of the EU Council said following an emergency meeting in Brussels. The measures were described as “temporary and extraordinary in nature”, with demand reduction…
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