Reposted by Clément Leblanc
During the European #energy crisis, Spain & Portugal intervened directly in the wholesale market, decoupling electricity prices from gas. This lowered consumer bills, with little impact on public funds.
N Fabra, @clmtleblanc.bsky.social @mateus-souza.bsky.social
cepr.org/voxeu/column...
#EconSky