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Cheaper Electricity Through New EU Rules

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Austria wants lower electricity prices in Europe. State Secretary Elisabeth Zehetner announces an effort for this. The goal is fair prices for energy. There is a problem now with how prices are set.

The most expensive power plant often sets the price for all electricity. People call this Merit Order. If gas power plants are expensive, green power also becomes expensive. This is because of the costs for CO2 certificates. These costs make power from gas and coal more costly.

Zehetner wants to change this system. Green power from wind and sun should become cheaper. This should help the industry in Europe. People should also pay less for electricity. Austria works with other countries in the EU for this.

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Definitions

Merit Order
A system in the electricity market. The most expensive power plant, which is needed now, sets the price for all the power.
CO2 Certificate
A permission for companies to let out CO2 gas. You must pay money for this. This aims to protect the environment.
State Secretary
An important person in the government. They help a Minister with their work.

People

Elisabeth Zehetner
She is a politician from Austria. She works as State Secretary for energy and economy.

Locations

Austria
A country in Europe. It is south of Germany.
Europe
A part of the world with many countries. This includes, for example, Germany, France, and Austria.

Sources

Südtirol News

Zehetner kündigt EU-Initiative für niedrigere Strompreise an

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Logo Der Standard
Der Standard

Staatssekretärin Zehetner kündigt EU-Initiative für niedrigere Strompreise an

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