EU Energy Reforms Stalled by Coal Subsidy Dispute and Nuclear Rift.

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Source: Reuters.com
EU Energy Reforms Stalled by Coal Subsidy Dispute and Nuclear Rift.
Photo: Reuters.com
TL;DR Summary

EU energy ministers failed to agree on new rules for the bloc's power market, with countries split over a proposal to extend subsidies for coal plants and expand state aid for other power plants. The talks had been complicated by a late proposal by Sweden to allow countries to prolong capacity mechanism subsidies for coal power plants. The proposed EU power market reform aims to make power prices more stable and avoid a repeat of last year's energy crisis.

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