EU Lawmakers Seek Revenue Cap On Power Firms If Energy Prices Soar ...Middle East

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EU Lawmakers Seek Revenue Cap On Power Firms If Energy Prices Soar
source : OILPRICE ( Middle East ) () 41
The European Parliament is proposing a cap on the revenues of electricity generators in case energy prices surge again, according to a draft proposal of the Parliament's lead negotiator on the EU electricity market reform seen by Reuters. Nicolas Gonzalez Casares—the European Parliament's lead negotiator on the reform proposed by the European Commission earlier this year – has drafted the Parliament's position on the Commission's proposals for market reforms. According to Gonzalez Casares and the Spanish Socialist Members of the European…

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