01 - Place peeled and halved onions into a large saucepan.
02 - Pour in the water and add salt, bay leaves, and peppercorns.
03 - Bring contents to a rolling boil over high heat, then reduce heat to maintain a steady simmer.
04 - Cover the pan and cook for 18 to 20 minutes, until the onions are very tender but retain their shape.
05 - Drain the onions in a colander, discarding bay leaves and peppercorns.
06 - Drizzle onions with olive oil or vegan butter if desired, and garnish with freshly chopped parsley.
07 - Present the onions warm as a side or light dish.