An idea to cap the revenues of electricity generators in case energy prices surge again failed to win support at the European Parliament’s Industry, Research, and Energy Committee on Wednesday as the committee agreed on texts to reform the EU’s electricity market. In their amendments to the draft legislation, MEPs from the committee supported proposals to make the EU’s electricity market more stable, affordable, and sustainable, but did not include an earlier idea to cap the revenues of electricity generators. In May, Nicolas…
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