EU’s key energy market reforms coming into force
- Admin
- May 22, 2024
- 1 min read
The Council of the European Union enacted electricity and gas market reforms to boost the production and use of hydrogen and decarbonized gases. The reforms aim to facilitate the clean energy transition, enhance security of supply, and protect consumers, signaling a shift towards a carbon-free EU. The legislation enables stable energy prices, less dependency on fossil fuels, and better consumer protection. Key elements include promotion of renewable energy, power purchase agreements, support for renewable and low-carbon gases, and mechanisms to ensure security of supply.
Source:
Want to read more?
Subscribe to vitaliydaviy.wixsite.com to keep reading this exclusive post.
