9/7/2023 0 Comments Resolutioner Radikale VenstreIn addition, our political group has succeeded in removing any cap on market revenues, preventing undue distortions to the efficient functioning of electricity markets, which would have only acted as a disincentive to green investments and delayed the climate and energy transitions. In this regard, the return to the EU's offshore wind strategy is a great triumph for our MEPs. Renew Europe has strongly advocated to maintain a market-based approach, without undermining the principles of flexibility and competition, to achieve a truly European future-proof electricity system integration, based on diverse infrastructure projects that produce, store, and distribute energy efficiently. Thanks to the unwavering commitment of Renew Europe, an agreement with the main political groups of the European Parliament has been reached in less than three months.
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