EU energy ministers are urging the European Commission to maintain the current electricity market design amidst rising energy prices due to the Middle East conflict. They argue that the existing system supports cross-border trade and has saved Europe €34 billion annually. Instead of reforming the market, they recommend investing in renewable energy and improving energy flexibility. Concerns about the carbon market (ETS) have arisen, with some countries calling for its scrapping, while others defend it as crucial for climate policy. The ongoing energy crisis has heightened pressure on EU leaders to find effective solutions. Teljes cikk (Euronews.com)