Fossil fuels at what price? EU analysis looks at energy costs
A new report, "Subsidies and costs of EU energy" addresses different forms of energy production. The study was ordered and paid for by the European Commission, Directorate-General for Energy. Why bother? "The functioning of energy markets and the size and effect of government interventions has been the subject of debate for years," said the European Commission. "To date however, a consolidated dataset for government interventions in the power market of the European Union has been missing. This is why the European Commission has commissioned a study that aims at helping to close the knowledge gap by quantifying the extent of public interventions in energy markets in all 28 Member States." They presented the interim results of the external study on subsidies and EU energy costs earlier this month.