The European Union is poised to call on governments to improve their state-aid mechanisms in energy markets, including support programs for renewable energy. The European Commission, the 28-nation bloc’s regulatory arm, aims to start a public debate on government intervention in the electricity market as end-user prices rise, according to a draft of an EU communication to be published in Brussels today. The increased costs are caused by high and rising taxes and levies on final power charges, as well as the costs of networks and fuels, according to the draft, which was obtained by Bloomberg News . “Public intervention can be useful and effective to attain policy objectives set at Union, regional, national or local level, but it must be well-designed and should be adapted to changes in market functioning, technology and society that occur over time,” the commission said in the document. The call for a public […]