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EU Commissioner Simson to discuss electricity market in Luxembourg tomorrow

17 October 2023

Brussels, 16 October 2023

Tomorrow, 17 October, Commissioner for Energy, Kadri Simson, will represent the Commission at the meeting of EU Energy Ministers taking place in Luxembourg.

Ministers will continue their work towards a General Approach on the Commission’s proposals to reform the EU electricity market. This reform aims to make electricity prices less dependent on volatile fossil fuel prices and to shield consumers from price spikes by accelerating a surge in renewables.

At the Council on Tuesday, the Commissioner will also inform the ministers about the ongoing work on a political declaration and coalition on energy efficiency financing. Commissioner Simson will also provide ministers with an update regarding the submissions and Commission’s assessments of draft updated National Energy and Climate Plans (NECPs). These Plans are crucial tools for ensuring that the EU is on track for achieving its 2030 goals for emissions reduction, renewable energy and energy efficiency. The Commissioner will also steer a discussion on winter preparedness, touching upon both gas and oil security of supplies. Over lunch, she will discuss with the ministers the role of the energy sector and policies for the EU to develop its open strategic autonomy.

The Commissioner and Ministers will be joined virtually by the Minister of Energy of Ukraine, German Galuschenko, to discuss EU-Ukraine energy cooperation ahead of the winter season as well as the situation of Ukraine’s energy system and its infrastructure. The meeting will continue the intensive cooperation in support of the people of Ukraine against Russia’s unprovoked and unjustified military aggression.

The morning press doorsteps and the closing press conference with Commissioner Simson and the Spanish Presidency of the Council will be livestreamed on EbS.

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