23 June 2023
Joint statement against further prolongation of the inframarginal revenue cap
The EU electricity industry calls on Member States not to prolong the EU emergency measures on power market interventions – in particular inframarginal revenue caps – adopted in the midst of the energy crisis last year. Neither should they embedding it in the Market Design Reform. It has proved toxic to the very much needed investments in renewables and other technologies that will deliver Europe’s net zero ambition. Protecting households and businesses against a repeating energy crisis must go through developing long-term contracts on wholesale markets and targeted regulated retail prices in the event on a future electricity price crisis.
