Europe must do more to bring down power bills for consumers as wholesale costs soar to levels last seen during the 2022 | Hanami
Europe must do more to bring down power bills for consumers as wholesale costs soar to levels last seen during the 2022 energy crisis, Eurelectric said.
In a letter to European Union energy ministers, the trade group called for “targeted, time-limited” relief measures. It said governments should strip bills of “non-energy costs,” which include charges for the grid and environmental levies.
Conflict in the Middle East has upended global energy markets this year, driving up prices for gas and other fuels and exacerbating cost-of-living pressures across Europe. The squeeze on household finances has fed into a wave of demonstrations in multiple countries, with France a particular flashpoint. bloomberg.com/news/articles/…