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    FT: EU energy costs widen over trade partners

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Summary

Recent years has seen the energy price gap between the EU and major economic partners has further increased.

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Press Notes

FT: EU energy costs widen over trade partners

“While Europe has never been a cheap energy location, in recent years the energy price gap between the EU and major economic partners has further increased,” says the paper, a draft of which has been seen by the FT.

It is to be released by the commission this week as part of a landmark climate and energy package that will shape EU energy use up to 2030.

The package has prompted debate across the bloc about whether Europe’s competitiveness is being affected by its existing climate and energy policies, which only last until 2020.  MORE