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Ease rules on long-term electricity deals for industry, EU countries are urged

( April 22, 2026, 13:45 GMT | Official Statement) -- MLex Summary: EU countries should remove barriers to power purchase agreements — long-term contracts that let companies buy electricity directly from producers at stable prices — to help industry manage energy costs and support new clean power projects, according to an EU recommendation published on Wednesday. It addresses obstacles such as access for smaller buyers, risk guarantees and accounting rules, and also covers similar contracts for heat, biogas and hydrogen.Press release follows. Recommendation and synopsis report can be found in the attached files....

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