The Electricity Market design reform is a structural and legislative response to the fossil gas crisis that led to high electricity prices in all EU countries during the years 2021-2022. It is currently the only available tool, which can address in a systematic way the high volatility of energy prices and move us closer to the energy system of tomorrow, a more renewable, flexible, decentralised, fair, and resilient one.
Ahead of the upcoming EU trilogues on Electricity Market Design reform, CAN Europe has listed its top five asks for Policymakers to consider when the discussion on the reform begins:
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“Demand Side Flexibility”, based on support for storage and demand side response, needs to be quickly ramped up.
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Improvement of the energy-sharing legal framework is necessary, with a focus on local solutions.
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Consumer protection must be designed in a way to shield the vulnerable from price spikes while keeping the energy demand reduction incentives
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Capacity mechanisms should remain temporary.
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No extra public subsidies to coal. Coal derogation must be removed.
You can read the full briefing here:
CAN Europe’s Top Five Expectations towards Electricity Market Design trilogues
