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Euronews
Euronews
Marta Pacheco

High carbon costs, negative energy prices: EU confronts electricity price conundrum

As European Union leaders are mulling new ideas to address demands from energy-intensive industries, new proposals to lower electricity prices will be on the negotiating table at the upcoming European Council.

Industries like steel, cement, and chemicals have long been complaining about the high electricity prices they face, which have forced the closure of hundreds of production sites across the EU.

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