INDUSTRY GIVES CAUTIOUS THUMBS-UP TO GIANT ENERGY PACKAGE
December 1st, 2016
THE EUROPEAN Commission’s bumper energy package presented on November 30 – boasting a 30% binding energy efficiency target and measures to promote renewable energy, deregulate electricity prices and achieve a more co-ordinated grid system – has been largely welcomed by utilities.
There was a thumbs-up to the commitment to remove regulatory interventions and ensure energy prices reflected scarcity situations. European Union (EU) power utility body Eurelectric also liked the move towards a “regional approach to system operation, renewables and security of ...
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