EU aims to tackle surging electricity prices ...News

Brussels is planning an “emergency intervention” to deal with the crisis The EU is planning urgent steps to bring down surging power prices, European Commission President Ursula von der Leyen said on Monday, as quoted by Bloomberg. “The skyrocketing electricity prices are now exposing, for different reasons, the limitations of our current electricity market design,” von der Leyen reportedly said in a speech at the Bled Strategic Summit in Slovenia. “It was developed under completely different circumstances and completely different purposes. That’s why we are now working on an emergency intervention and a structura

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