Top 10 energy stories from the past week

1. How does the EU envision the future electricity market? Price regulation of electricity generation is also on the table

On Tuesday, the European Commission published a call for feedback on selected topics in its proposal to change the design of the electricity market. Stricter price regulation of electricity generation is under consideration, as is keeping some measures introduced by the EU in response to the energy crisis in place. The first draft regulation is expected to be published as early as this March.

Calls to reform the electricity market have become increasingly frequent as a result of the energy crisis (see the explanatory interviews on the Seznam Zprávy website here or here). Experts have repeatedly criticized the market, arguing that the current electricity market design is adequate only in times of plenty, characterized by an abundance of generation capacity and commodities. Now, as the energy crisis is once again easing slightly, the European Commission is considering how to reform the electricity market to prevent a similar crisis from happening again.