An "Order Out of Chaos" Move?
Time to establish a ‘European Central Energy Bank’
https://www.euractiv.com/section/energy/opinion/time-to-establish-a-european-central-energy-bank/
Politicians have reacted with concern to these events. The Spanish sent a letter to the European Commission urging the EU to take action. The annexe argued for reform of the wholesale electricity market. The paper hints at some understanding of where the EU stands in the energy transition and the impacts this could have on price.
However, it fails to see the bigger transition picture, and its proposals address symptoms rather than causes of the current energy market failure.
Dr Stieber noted that such a “central energy bank” (CEB) could not only achieve the short-term political objective of avoiding highly volatile energy prices, it could go some way to supporting the investments needed for at least a doubling of renewable construction compared to current baselines.
Read more at link.
And before falling for this "plan" - watch Bright Green Lies.