Europe holds emergency talks on energy market intervention


BRUSSELS — EU energy ministers are debating plans to intervene in the continent’s energy markets at an emergency meeting aimed at curbing soaring electricity prices.

Diplomats said many countries, including the European Union’s biggest economies, Germany and France, appeared to have agreed ahead of Friday’s meeting on the idea of ​​imposing a cap on revenues generated by nuclear, renewable and other non-gas power generators, and to redistribute the money to businesses and consumers. Details of how such a plan might work were unclear, diplomats said.


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