3E-NEWS: EU REGULATORY OBSERVATORY GIVES COMMISSION’S AFFORDABLE ENERGY PLAN JUST 5.15/10

3E-NEWS: EU REGULATORY OBSERVATORY GIVES COMMISSION’S AFFORDABLE ENERGY PLAN JUST 5.15/10

The EU Regulatory Observatory’s new report “Unlocking the True Value of Our Energy Union” analyses the European Commission’s Affordable Energy Action Plan, which claims €130 billion in annual savings by 2030. While welcoming tax cuts and faster permitting, the study criticises the plan’s internal contradictions: pursuing lower prices while forcing rapid decarbonisation, centralising markets yet demanding efficiency, and relying on immature technologies. Scoring only 5.15/10 for liberal credentials, the report warns that price controls and administrative interventions will raise costs and distort markets.

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

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