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Electricity market: Bruegel warns of overcapacities

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Published: April 25th, 2023,
Last updated: April 25th, 2023

The Commission’s draft for a new electricity market design is unsuitable to lower electricity prices in the EU, experts say. „We could be heading for a very expensive system and a very complex one“, Georg Zachmann of the think tank Bruegel said Monday at a hearing in Parliament’s industry committee.

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