EU Looks To Intervene In Energy Market Amid Skyrocketing Prices ...Middle East

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EU Looks To Intervene In Energy Market Amid Skyrocketing Prices
source : OILPRICE ( Middle East ) () 27
The European Union is closer to potentially intervening on the bloc’s electricity market as energy prices soar ahead of what would be a difficult winter for EU consumers and businesses.  The European Commission is working on an emergency intervention, Commission President Ursula von der Leyen said this week.  “The skyrocketing electricity prices are now exposing, for different reasons, the limitations of our current electricity market design. It was developed under completely different circumstances and for completely different…

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