Energy Energy

EU power generators face emergency revenue cap in draft Parliament stance on electricity market reform

By Stefano Porciello
  • 15 May 2023 16:10
  • 15 May 2023 16:10
An EU-wide cap limiting market revenues of non-gas-based power generators at 180 euros ($196) per megawatt hour in case of a price crisis has been proposed by the European Parliament lead lawmaker on the electricity market reform, according to a draft text seen by MLex.
“It is appropriate to allow

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Stefano Porciello


Stefano is a MLex Correspondent based in Brussels covering energy and climate. Before joining MLex, he worked in communication for the Foundation for European Progressive Studies. He had previously worked as a freelancer in Italy and completed a traineeship at the European Parliament. Stefano holds a Master’s degree in International Relations and European Studies from the University of Florence.

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