High carbon costs, negative energy prices: EU confronts electricity price condundrum
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Euronews.com
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European Union leaders are discussing proposals to lower electricity prices for energy-intensive industries, which have faced high costs leading to significant job losses and production shutdowns. The EU aims to reform the electricity market design, particularly the merit order system, to enhance competitiveness and stabilize prices. Key discussions will take place in March, focusing on the impact of carbon prices and the need for infrastructure upgrades to facilitate cheaper energy distribution. The industry is advocating for urgent measures to address these challenges. Teljes cikk (Euronews.com)