Reform of the EU Electricity Market Design: A Step in the Right Direction?

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Energy prices have increased significantly since 2021 due to demand transformations in the post-Covid-19 pandemic period and Russia’s war on Ukraine adversely affecting European households and businesses. Specifically, increased energy demand attributed to a dynamic global economy rebound after the pandemic led to increased electricity prices, thereby causing the first wave of an unfolding energy [...] The post Reform of the EU Electricity Market Design: A Step in the Right Direction? appeared first on Modern Diplomacy .