✉news WorldEU Politics first seen 1 d ago, last 1 d ago, peak #17
EU to Hire Market Operator for Joint Energy Purchases
Original: EU to Seek Market Operator to Conduct Joint Energy Purchases
The European Union plans to appoint a market operator to run joint purchases of energy, according to Bloomberg. The move would centralise part of the bloc's gas and electricity procurement, building on earlier joint-buying efforts launched after the energy price crisis. Details on which company or body would take the role, and when the tender will open, remain to be announced.
Why now: The EU is moving forward with collective energy procurement as it seeks cheaper prices and reduced dependence on individual suppliers.
Evidence
- EU to Seek Market Operator to Conduct Joint Energy Purchases · Bloomberg.com
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