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Europe’s decoupling of electricity and gas prices: the crisis is temporary, so why do it?

September 30, 2022 by Simona Benedettini and Carlo Stagnaro

The debate is intensifying over how to decouple power prices from the extraordinarily high natural gas prices in Europe. Simona Benedettini and Carlo Stagnaro warn that the current problem of high prices is not caused by the mis-functioning of electricity markets, but by the exceptional trend in gas prices. So should the markets be re-designed at all? Will we lose the benefits of the current design, one being the reliable profits that renewables … [Read more...]

Filed Under: Energy, Oil, Gas & Coal, Policies, Renewables Tagged With: caps, decoupling, EC, electricity, EU, Europe, gas, Greece, Italy, markets, Portugal, power, prices, Russia, spain, subsidies, Ukraine

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      Recent Posts

      Scaling up global grid-scale Storage to 80GW/year (it was 16GW in 2022)

      H2 Green Steel has raised billions in 3 years: a case study of Industrial Project Finance

      Could big U.S. subsidies for Hydrogen create perverse incentives, raise emissions?

      Belgium: commercially viable Rooftop Solar for social housing. No installation subsidies, lower bills

      Concrete supercapacitor: works like a battery, much cheaper, easy to make

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