16 May 2025
Open letter from EU industries on electricity trading between the EU and the UK
Europe’s industries are seriously challenged by high energy prices. The Draghi report highlights that the electricity prices paid by industry in Europe are 2-3 times higher than they are in the US and China. The EU’s Clean Industrial Deal recognizes the scale of the problem and sets out the measures that need to be taken to tackle it.
Speed is of the essence. Policy measures to reduce energy price burdens on industrial energy consumers must be taken now. We must “deliver the Deal”.
