EU Energy Reforms Stalled Amidst Clashes Over Coal and Nuclear Power.

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Source: OilPrice.com
EU Energy Reforms Stalled Amidst Clashes Over Coal and Nuclear Power.
Photo: OilPrice.com
TL;DR Summary

The European Union failed to agree on proposed reforms to its energy market after a last-minute proposal from rotating president Sweden about extending state support for coal power. EU members have markedly different attitudes to coal and its importance in national energy mixes. The EU power market reform aims to decouple the price of electricity across the European Union from the price of natural gas and instead tie it to the price of electricity generated by wind and solar installations.

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