EU Fails To Agree On Energy Reforms

The European Union failed to agree on proposed reforms to its energy market after a last-minute proposal from rotating president Sweden about extending state support for coal power. The outcome of Monday’s meeting was expected as EU members have markedly different attitudes to coal and its importance in national energy mixes. "For some of us, security means capacity markets," Poland’s energy minister Anna Moskwa said, as quoted by Reuters. Poland generates some 70% of its electricity from coal. It is also building up nuclear generation…