EU plots reform of electricity markets to tackle 'fossil fuel crisis'

Cecilia Keating
clock • 5 min read
Von der Leyen addresses MEPs in Strasbourg | Credit: Ursula von der Leyen, Twitter
Image:

Von der Leyen addresses MEPs in Strasbourg | Credit: Ursula von der Leyen, Twitter

Ursula von der Leyen sets out plans to mandate revenue cap on electricity generators and secure a 'crisis contribution' from fossil fuel companies in her State of the European Union address

European Union Commission President Ursula von der Leyen today officially confirmed a plan to cap the revenue of electricity generators whose profits have soared in the wake of the war in Ukraine, claiming...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Policy

Global Briefing: WEF predicts green transition to help boost global jobs market by 78 million roles by 2030

Global Briefing: WEF predicts green transition to help boost global jobs market by 78 million roles by 2030

Plus all the top green business news from around the world this week, including warnings on India's rice harvest and concerns over the EU's green taxonomy

Stuart Stone
clock 10 January 2025 • 7 min read
Seven climate policy topics to track in 2025

Seven climate policy topics to track in 2025

From a flailing US grid to the future of nuclear power production, here's a guide to the issues you will need to keep front and centre in 2025

Leah Garden, Trellis
clock 10 January 2025 • 8 min read
 Tesco calls on UK government to ramp up support for greener farming

Tesco calls on UK government to ramp up support for greener farming

Supermarket announces plans to launch two low carbon concept farms to test green innovations and techniques

clock 10 January 2025 • 4 min read