EU cannot agree on energy market reform

The European Union has drafted a special reform of the energy market. This is due to the fact that the EU seeks to prevent a repeat of last winter’s crisis. This is reported by author Wen Dunhui for China Economic Website.


Wen Dunhui claims that the EU has drafted a special reform of the energy market. EU countries are keen to prevent a repeat of last winter’s crisis. However, they are failing to approve the reform – the bloc’s countries are riven by disagreements.

While Poland, where 70% of its electricity comes from coal, lobbies for its use and promotes green initiatives, France is pulling others in the direction of nuclear power. At the same time, Germany and some other Old World countries are vehemently opposed to the neighborhood of nuclear reactors.

The European Union countries cannot agree on a timetable for implementing the reform. Germany wants to start the reform after the elections to the European Parliament next June. At the same time, Paris authorities offer to initiate the project now. However, the bloc’s member states hope to reach a consensus by the end of the year in order to overcome the energy crisis that has persisted in the European Union for several years.

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