- Emergency EU measures presented last week to alleviate the burden of high energy prices on consumers risk creating a patchwork of different interventions across Europe and depress investments in renewable energies, industry sources have warned.
- Uneven implementation also risks distorting the EU electricity market, and undo years of work to integrate national power markets across Europe, Claeys warned.
- The revenue cap is EU-wide, and set low enough to hit fossil fuel-based electricity production more than power generated from nuclear and renewables.
EU warned against ‘patchwork’ of taxes to alleviate energy crisis
