Energy prices can comprise an important competitiveness factor for industry. However, an economic analysis of industrial competitiveness should not be limited to energy prices. It is essential to have global coherence in limiting climate change. Leadership by Europe may risk consequences of uncompetitiveness, industrial relocation and carbon export.
Energy efficiency, renewable energy, and other indigenous sources of energy can all improve security of supply but each have factors of cost, risk, environmental impact and social acceptance attached. As national approaches and attitudes will vary transparent cost analysis and a revision and better coordination of support instruments (like feed-in regulations and tariffs) are vital in determining an acceptable energy mix in each Member State and cooperation with neighbouring countries is equally important.
Download — Energy prices and costs (communication)
The EESC stresses that a real growth strategy at EU and national level is needed to support the creation of better and more stable jobs for young people.
Download — Employability of young people – matching training with industry needs in an age of austerity
The European Commission under the European Strategy 2020 has established a goal to raise the industry contribution to GDP from 15.6% (2011) to 20% by 2020. The Industrial Policy Communication updated of October 2012 outlines a strategy to reverse the declining role of industry announcing actions in four main areas: Investment in new technologies and innovation; Access to Markets; Access to Finance and Human capital and skills.
Download — Reshoring of EU industries in the framework of reindustrialisation
The effect of the current financial and economic crisis has put energy pricing under the spotlight because of the impact on household energy costs in the context of austerity and on industrial competitiveness of high energy prices. The importance of Market Based Instruments (MBI) is that they must both advance the transition to a resource-efficient and low carbon economy and support economic recovery. Environmental and climate policies should not be seen as a burden in the recovery from the fiscal and economic and social crisis, but rather as a part of the solution. The Committee urges the Commission to make environmental fiscal reform an integral and permanent part of the European Semester.
Download — Market-based instruments - Low carbon economy in the EU
The EESC welcomes this new communication, which it regards this as an opportunity to recalibrate policies in light of the experience acquired by the Member States and to give new impetus to the process of EU electricity market integration by focusing more clearly on the benefits to the public and the eradication of energy poverty in the EU.
Download — Internal electricity market/ public intervention
