John Quiggin3d ago

My report advocating similar changes for Australia should be out soon

https://electricity.trade/eu-energy-policy-reforms-signal-shift-towards-managed-markets/

EU Energy Policy Reforms Signal Shift Towards Managed Markets - Power Trading News Europe

Recent developments in European energy policy highlight a significant transition towards more active government intervention in energy markets. This shift aims to stabilize prices, bolster industry resilience, and promote structural changes necessary for a sustainable energy future. The introduction of the AccelerateEU package is a pivotal element of this strategy, designed to address ongoing market […]

Power Trading News Europe
Show threadRaymondPierreL3

@johnquiggin
“The overarching trend in these policy developments indicates a movement towards a managed market environment where regulatory frameworks increasingly dictate price signals rather than relying solely on traditional supply and demand dynamics.”

This is a significant shift in how markets have operated and counter to NeoLiberalism and its tell-tale #StateCapture inroads. I must say, it has been a long time coming. In terms of globally connected economies, it will be a fine line for govts to tread IMO.

Keen to read your upcoming report.
Thanks John.

May 6 at 1:04amWeb