EU Member States Fail to Reach Deal on Power Market Reform

European Union members have failed to reach an agreement on power market reforms, kicking discussions to the second half of the year.

It wasn’t possible on Friday to break a deadlock over subsidies for nuclear energy in proposals, according to people familiar with the situation. The spat is mainly between major nuclear power France on the one side and Germany on the other.

The market reform has already been long-delayed by haggling and the rift shows how difficult it is now for Europe to agree on changes that were an urgent call during the worst energy crisis in decades. Talks ...