Energy Transitions Podcast: Reforming Europe’s energy market
Pamela Largue
Posted on: 8 September 2022
As Europe’s electricity prices soar, the European Commission is considering whether the energy market design is fit for purpose.
As Europe’s electricity prices soar, the European Commission is considering whether the energy market design is fit for purpose. Governments are weighing market interventions such as price caps and decoupling wholesale power and gas prices.
In this episode of the Energy Transitions Podcast, Pamela Largue is joined by Prof Dr Stefan Ulreich, Internationalization Officer at the Biberach University of Applied Sciences, to unpack whether these market instruments are really needed and what the potential impact could be on energy bills and renewables investments.
I do not see any short-term measure to reduce the total energy bill for Europe. The only thing you can do is to make the electricity bill optically cheaper by taking some taxpayers money to reduce the bill for all consumers
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