Power Lobby Warns EU’s Von Der Leyen Not to Tamper With Market

Ursula von der LeyenPhotographer: Simon Wohlfahrt/Bloomberg

A key power industry lobby group has asked European Commission President Ursula von der Leyen not to tamper with the system that determines electricity prices, warning it could hold back investments and raise bills.

In February, von der Leyen said she would bring “different options” for possible reforms of the bloc’s electricity market design to a European Union summit on March 19, part of an effort to lower energy prices in the region.