Joint Letter on the extension of inframarginal revenue caps

Just over a year after the publication of the emergency measures on wholesale electricity market interventions, inframarginal revenue caps continue to harm investments in clean energy sources. In a joint letter with Eurelectric, EFET, RE-Source and SolarPower Europe we urge the EU Commission to take action and enforce the deadline outlined in Emergency Regulation 2022/1854, and for the Energy Ministers and the Members of the European Parliament not to prolong the measures at national level or in the reform of the Electricity Market Design.

The decision to cap inframarginal revenue caps as a reaction to the 2022 energy crisis is irrelevant in current market conditions because the measure is an obstacle to investments in clean energy sources – as correctly identified by the Commission, ACER, corporate energy buyers and suppliers.