The @EU_Commission today adopted a revised #EU #ElectricityMarketDesign.
It will preserve the benefits of our electricity market and help reduce the costs of producing & using energy in Europe, through more #renewables.
It will preserve the benefits of our electricity market and help reduce the costs of producing & using energy in Europe, through more #renewables.
Two instruments will be key in enhancing the stability & predictability of energy costs across the EU.
First, Power Purchase Agreements will improve access to markets and act as drivers for investment in renewables – essential to reach our #EUGreenDeal goals.
First, Power Purchase Agreements will improve access to markets and act as drivers for investment in renewables – essential to reach our #EUGreenDeal goals.
Second, Member States will guarantee a stable price to producers & consumers through Contracts for Difference, which will foster support for new renewable energy investment.
I call on the #EuropeanParliament to treat this file as a priority!
I call on the #EuropeanParliament to treat this file as a priority!
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