⚡️🇪🇺 EU considers reforming electricity pricing system
Oneliner
European Commission President Ursula von der Leyen has expressed openness to reforming the EU's electricity pricing system, which currently relies heavily on natural gas prices. This potential change aims to enhance competitiveness and promote renewable energy use. A review of the pricing model will be presented at the upcoming European Council in March, where member states will discuss options for reform. The current system has been criticized for hindering competitiveness and preventing consumers from benefiting from lower renewable energy prices.
Key points
- Ursula von der Leyen signals openness to reviewing the EU's electricity pricing model.
- Options for reform will be presented at the European Council in March.
- Current gas-dominant pricing system is seen as a barrier to competitiveness and renewable energy use.
- Member states are encouraged to propose pragmatic solutions to address energy costs.
Links
- ANSA: Ue, 'al vertice a marzo valuteremo necessità della riforma del mercato elettrico' - Energia & Energie
- ANSA: Ue, 'al vertice a marzo valuteremo necessità della riforma del mercato elettrico' - Ultima ora - Ansa.it
- 20minutos: Von der Leyen se abre a un eventual cambio en la manera en que la UE fija el precio de la electricidad, que encarece la primacía del gas
Facts
- Ursula von der Leyen announced the review of the electricity pricing system on 13 February 2026.
- The European Council will assess options for reform in March 2026.
- The current pricing model is criticized for its reliance on natural gas, affecting competitiveness.
- The Draghi report highlights the need for a more equitable pricing system to benefit consumers.
Quotes
- We have not reached any conclusions, but for the next European Council, I will present several options and conclusions on whether it is the right time to move forward or whether we are still fine with this market design — Ursula von der Leyen
- We will look at concrete measures at the next European Council in March — António Costa
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