Sector Regulation Sector Regulation

Fighting high energy prices: EU Commission looks to profit redistribution, revenue caps

New details of the European Commission's plan to bring down high energy prices emerged today as the EU executive is expected to unveil the proposed legislation today.

Measures include precise figures on fossil-fuel companies’ extra profit redistribution, a cap on non-gas-burning power providers' revenues and a binding target for cutting electricity demand at peak

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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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