EU governments push up energy prices dramatically!

January 21, 2014 11:17 pm Published by

“The European Commission has nearly finalised its policy paper on energy prices and costs, plus an analysis of their drivers and implications. Below, Energy Post gives a “top 10” selection of insights from the analysis, based on the latest draft”.

 

“Energy costs for households and industry have increased even as consumption has decreased:

Energy efficiency improvements have been insufficient to keep up with rising prices. Households’ share of budget for energy grew by 15% from 2008-12 although electricity consumption dropped by 1% and gas consumption by 15% from 2008-11. Industry consumed 4% less electricity but paid 4% more in for it in total”.

 

“The energy price gap between the EU and other major partners is growing:

EU industry gas prices are 3-4 times more than in the US, India and Russia, and 12% more than in China. EU industrial electricity prices are more than double those in the US and Russia, and 20% more than in China (although 20% less than in Japan). The Commission posits that European electricity supply is more reliable than elsewhere”.

Read more https://www.energypost.eu/top-10-findings-energy-prices-costs-europe/#!

 

Sonja van Renssen – 2014-“ European Commission reveals: EU governments push up energy prices dramatically” retrieved from https://www.energypost.eu/top-10-findings-energy-prices-costs-europe/#!

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