Friday, 11 November 2022
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The European Commission is keeping busy these days – the unprecedented energy crisis already forced many European enterprises to reduce or halt production, and amid fears of energy poverty during the winter heating season and the ensuing social unrest, the European law-makers adopted an emergency measures proposal to tackle the situation. The measures will not spare the renewables – a revenue cap at maximum 180 EUR/MWh is effective from 1 December 2022, to 30 June 2023. Here, we examine the measures concerning inframarginal electricity producers and their potential impact on the GO market.