Empirics of energy competitiveness

Empirics of energy competitiveness / Georg Zachmann, EU Energy Policy blog, 10/10/2013


The loss of competitiveness because of elevated energy costs is concentrated in a limited number of sectors. The cost of subsidising energy-intensive companies might be greater than the benefits. According to our study (see Chapter 6 of the Bruegel blueprint on Manufacturing Europe’s future), total manufacturing exports are generally not driven by electricity price differentials. But obviously electricity prices have an impact on sectoral competitiveness…

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