Energy Prices and Costs (Communication)

The European Commission reports on the trends in electricity and gas prices in the EU and the resulting impact on the international competitiveness of EU companies. It calls on Member States to ensure greater cost efficiency with regard to environmental and energy-policy measures so as to reduce taxes and levies and considers additional state measures to support energy efficiency.

cepPolicyBrief

Energy costs can be reduced by considering the cost efficiency of energy-related and environmental measures implemented by the Member States. This has a positive effect on growth and employment and increases Europe's attractiveness as a business location. The proposed state promotion of energy efficiency distorts the investment decisions of households and companies.