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Europe’s changing energy markets: Forging a new direction
The EU has set itself an ambitious goal: It wants an electricity market that allows power to flow across national borders to where it’s needed, better integrates growing renewable energy as the bloc works to cut carbon emissions to net zero by the end of the century and encourages consumers to manage their own energy needs at all times.
To that end, the European Commission came out with a jumbo policy package November 30 that included proposals on how to overhaul electricity markets, go about energy support schemes, empower consumers and increase the…