EU package to target electricity demand
Emergency measures aim to lower power prices by reducing demand at peak times
The European Commission will bring forward a proposal in the next few weeks containing emergency measures designed to tackle high energy prices across the EU. Following a meeting of energy ministers attended by European Commissioner for Energy Kadri Simson on Friday, it was announced that the package would include measures to reduce electricity consumption at times of peak demand, set revenue caps for renewable and fossil fuel power generators, and introduce policies to stabilise electricity futures markets. “We need to keep up our work and determination on all fronts. Diversification of supply and demand reduction will be our main tools,” Simson says. Devil in the detail The measures will l

Also in this section
9 July 2025
Latin American country plans a cap-and-trade system and supports the scale-up of CCS as it prepares to host COP30
3 July 2025
European Commission introduces new flexibilities for member states to ease compliance with headline goal
1 July 2025
Supportive government policy, deforestation threat and economic opportunity drive forward the region’s monetisation of forest carbon
27 June 2025
TotalEnergies’ delayed FID for its Venus project will likely set back first oil, but Windhoek has other irons in the fire