Electricity market: Habeck wants long-term reform only after EU elections

The German Federal Ministry for Economic Affairs (BMWK) wants to limit the upcoming EU reform of the electricity market design to short-term crisis interventions. The European Commission will promptly submit proposals on how the energy market can be secured against crises in the short term, said Minister Robert Habeck (Greens) on Monday at the launch of the national platform Climate Neutral Electricity System. „However, I do not expect and would also consider it wrong if very far-reaching market interventions were to come virtually shot from the hip. This discussion will, I think, only be taken up at full speed at the European level after the European elections,“ Habeck said.