EU Nations Urged to Overhaul Energy Markets State Support
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The European Union presented a set of recommendations for governments to improve their state-aid mechanisms in energy markets, including support programs for renewable energy.
The European Commission, the 28-nation bloc’s regulatory arm, aims to give for member states guidance on public intervention in the electricity market as end-user prices rise. The principles for state support address renewable energy and back-up capacities, which involve mainly fossil fuels, the commission said today in Brussels.