The Single Largest Energy Market Intervention In EU History
The EU Commission on 14 September proposed a plan that would pull in €142 billion in windfall profits earned by power and fossil fuel companies and redistribute it to hard-pressed consumers who have seen their power costs multiply in recent months. At the same time, the European Union aims to cut power use through a mandatory 5% reduction in peak-hour demand. The overall target is a 10% cut in total electricity demand until 31 March 2023. In Rystad Energy’s view, these temporary measures should go... Читать дальше...
