Germany and the Netherlands lead the opposition to the reform of the electricity market advocated by Spain and France

Are the frugal of energy? They are rich and from the north and they oppose the reforms that France, Spain and the south are calling for to reform the energy market to stop the rise in energy prices, a market characterized by the fact that the price of the latest energy , the highest, marks the price of all the others. At present, the skyrocketing price of gas is what sets the price of energy such as hydroelectric or renewable energy, much cheaper.

Sánchez assumes the slowness of the EU with the measures before the escalation of the price of light: "It's the times of Brussels"

Sánchez assumes the slowness of the EU with the measures before the escalation of the price of light: “These are the times of Brussels”

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Well, the Netherlands, Germany, Luxembourg, Austria, Denmark, Estonia, Lithuania, Finland and Ireland react to calls for urgent action by governments such as Pedro Sánchez, who asked the European Union for “boldness and forcefulness”.

“We agree with the European Commission that, in the short term, price increases can be better addressed through temporary and targeted national actions by Member States, where appropriate, to protect vulnerable consumers and businesses,” they say in a letter released this Monday, on the eve of Tuesday’s meeting in Luxembourg of the EU energy ministers.

The signatories say that “the measures should be able to be easily adjusted in the spring, when the situation is expected to return to average levels. We also support the European Commission in its intention to intensify market surveillance.” Market surveillance is a measure also requested by Spain and that has had more echo among the 27, especially in relation to the CO2 market, in which there are suspicions of speculation.

“Therefore,” they conclude, “we cannot support any measure that conflicts with the domestic gas and electricity market, for example, a reform ad hoc of the wholesale electricity market “as requested by Spain and France.

In fact, Germany is embarking with Russia in the construction of the NordStream2 gas pipeline, commanded by former Chancellor Gerhard Schröder and GazProm, a company dependent on the Kremlin and Vladimir Putin.

Debate in December

Pedro Sánchez already said it when he arrived at the European Council last Thursday: “These are the times of Brussels.” That is, things take their rhythm, they have their processes and, above all, they require an agreement between 27 countries that have different interests -pronuclear, progasistic, pro-renewable- and their problems: the south is showing itself more vulnerable with the prices of light, for example. And, for this reason, the Spanish Government has lobbied in all areas in recent weeks to put the debate on the electricity market on the European agenda.

And it has succeeded. Just as he has achieved that the conclusions include in detail the evaluation of the HTA market – CO2 emission rights, which the Czech Andrej Babis has also requested – and that the matter is reviewed at the European Council on December 16 and 17 . Both specifics were not in the draft conclusions, which were including that the Commission and the Council should consider “promptly” measures that could lead to a more affordable price of energy.

Among those measures, which are in the communication of the European Commission of October 13 to which the leaders of the EU refer, are some proposals by Spain, such as the joint purchase of gas and strategic reserves, as well as the evaluation of STDs. Next Tuesday, October 26, the EU Energy Ministers will meet again to address the matter.

Of course, what it has not been able to achieve are those “bold and forceful” measures that the Prime Minister, Pedro Sánchez, requested two weeks ago in Ljubljana (Slovenia). But, of course, the reform of the energy market is not something that can be done in weeks, as the Spanish Government now recognizes: the last reform is from 2019 and it took several years to agree on it, in addition to that afterwards everything has a laborious legislative process , between the Commission, the European Parliament and the Council.

In addition to addressing the problem and discussing the measures proposed by the Spanish Government, among others, what has already been achieved is a communication from the European Commission that compiles the measures available to the States, qualified as “incongruous” by Vice President Teresa Ribera, and the commitment of Brussels to examine some of the Spanish proposals: review the CO2 market, study joint gas purchases and analyze the implementation of strategic reserves in the face of future crises.


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