WindEurope's position on electricity market design

Wind Industry Profile of

The EU Agency for the Cooperation of Energy Regulators (ACER) has issued its final assessment of the EU electricity market design last week. It comes at a time of volatile electricity prices and unprecedented supply insecurity linked to Russia’s invasion of Ukraine. Its core message is the EU must maintain its electricity price setting mechanism and preserve the Internal Energy Market, a key asset in dealing with the crisis. Earlier this month WindEurope published a new paper on electricity market design, stressing that investor certainty is essential to mobilise the massive investments needed to improve Europe’s energy security.

The very high electricity prices in Europe were initially fuelled by the increase in gas prices that came with the uneven global recovery from COVID.... ... More: Official Press Release WindEurope

Keywords:

WindEurope, EU, ACER, market, electricity market design, prices, costs, investor, investment, Europe, import, fossil fuels