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 believes that the Commission's documents (Communication and Recommendations) are based on a realistic view of the subject and that further discussions must be based on facts and findings, but it is also necessary to consider important subjective factors such as the public's perception of risk. The EESC takes a balanced view of the potential role of unconventional hydrocarbons in the EU energy mix.
Download — Exploration of hydrocarbons with fracking
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
