INFO:

The Council and the Parliament reached a provisional agreement to reform the EU’s electricity market design (EMD). The reform aims to make electricity prices less dependent on volatile fossil fuel prices, shield consumers from price spikes, accelerate the deployment of renewable energies and improve consumer protection. Nicolás GONZALEZ CASARES (S&D, ES) holds a press conference following the deal on the reform of the EU electricity market. This transcription is a result of an authomatic process. Please check against delivery.