The European Union is working on proposals designed to decouple gas prices and renewable energy prices in what could be a major overhaul in the bloc’s power market amid an unprecedented crisis. Some EU member states are pushing for market reforms that would more adequately reflect the lower cost of renewable power generation.
Spain and France, for example, a large renewable energy producer and a top nuclear energy producer in Europe, respectively, have been advocating for a decoupling of gas and renewable power prices. The renewable…EU Works On Overhaul Of Power Market To Lower Energy Bills
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