Breaking the marginal price link wins broad support

Support for decoupling electricity prices from the marginal cost of gas has reached a new threshold, with Energy Live News reporting widespread backing for the structural reform. The shift would fundamentally alter how renewables, which have near-zero marginal cost, set or fail to set the clearing price in day-ahead markets. No vote date has been reported.

In a separate but related regulatory push, Spain's energy regulator is drafting rules to limit voltage swings on the Iberian grid following the April 2025 blackout, per Reuters. The measures target inertia and reactive-power shortfalls exposed during that event. Details on compliance timelines and affected asset classes have not yet been published.

Together the two items reflect a broader regulatory reckoning across Europe: one at the market-design level, one at the system-security level. Analysts tracking EU electricity market reform and Iberian grid rules should watch both tracks in parallel.