EPP Group: More competition and lower prices in electricity

The EPP Group pioneered the creation of an Energy Union of which an important cornerstone is the revision of the rules on the internal electricity market in the European Union. The main aim is a real European electricity market where 70 percent of all electricity can cross EU borders freely.

“It is a good idea to get away from heavy state subsidies and give the market breathing space to do the job of supplying households and industries with affordable and secure energy inside the EU”, said Buzek.

“The internal electricity market will see a transformation to cleaner electricity production and it will open up more competition in electricity across the EU border, which is both good for the environment and the wallet", he concluded.