EU Considers A Price Cap On Clean Power ...Middle East

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EU Considers A Price Cap On Clean Power
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EU member states are discussing the idea of capping the power generation revenues at renewable and nuclear power producers at up to $203 (200 euros) per megawatt-hour as part of an emergency package, sources with knowledge of the discussions told Bloomberg on Tuesday. The EU’s executive body, the European Commission, is expected to present on Wednesday its proposals for emergency measures to tackle the energy crisis and help EU households and businesses survive soaring energy prices. Last Wednesday, the Commission said it would soon propose…

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