System- und Innovationsforschung ISI
The study explains the evolution, composition and
drivers of electricity, natural gas and petroleum product wholesale and retail
prices, for the EU Member States and major trading partners of the EU.
Furthermore, industrial energy costs and their impacts on industrial
competitiveness are analysed.
Finally, the study shows the evolution of household energy expenditures, their main drivers and their social implications.
To gain insight into
To achieve these
objectives, the team builds upon existing data, data provided by the European
Commission and own data search and compilation. This requires intensive
research on national prices and price components, such as the energy supply component,
grid fees, diverse taxes and levies. However, to get the retail price components
for different consumer groups detailed inquiries of policies, regulations and
directives regarding exemptions of large consumers from some retail price
components is required. Econometric analyses are applied to identify drivers of energy prices and assess their
impact. To demonstrate how energy prices affect industrial competitiveness, electricity
costs per unit of product produced will be depicted under different power
prices and compared to the product’s market price (see Figure 1). Finally, to
decompose energy expenditure growth in households into its different drivers an
additive LMDI (logarithmic mean Divisia index)
decomposition will be applied.
September 2015 - April 2016
Fraunhofer ISI, Ecofys (coordinator), CASE
DG Ener of European Commission
© 2018 Fraunhofer ISI