Germany and its neighbours cooperate on electricity

Germany and 11 neighbouring EU member states will sign an agreement on 8 June about regional electricity cooperation and common rules for the power market. The news service Clean Energy Wire reported that Germany's State Secretary for Energy, Rainer Baake, had said that this would include an agreement to let the market reign freely at energy exchanges and not capping prices at times of scarce supply. He was cited as saying that "we are committed not to interfere into the…