If it ain’t broke, don’t fix it – authorities should tread lightly when intervening in well-functioning markets

The third iteration of the Renewable Energy Directive (REDIII) found its way onto the statute book last year, but the story doesn’t end there; it’s just the start of a new chapter. Member states now have until 21 May 2025 to implement the rules into national law. Some changes – such as the sustainability criteria in…