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Viewpoint: Industry Feels Left Out of EU Energy Reforms

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European companies feel left out of the decision making on what is likely to be the EU’s most fundamental reform of its energy market. Gas producers, traders, and transmission system operators (TSOs) all expressed frustration at last week’s Gastech 2022 conference in Milan, Italy that policymakers and regulators are determining the future of the new European gas market without asking them for input. This is particularly worrying. Closer industry involvement could help mitigate some of the wilder ideas emerging from Brussels. And it could help preserve the gains made by the EU’s liberalized gas market model amid rising state intervention.

Topics:
Policy and Regulation, Ukraine Crisis, Gas Spot Markets, Gas-Fired Electricity, Gas Prices
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