The Impact of Competition on Electricity Consumption Patterns and Market Challenges in the EU

Mihail Busu, Ruben Lupu and Madalina Ruxandra Popp
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Mihail Busu: Competition Council
Ruben Lupu: Bucharest University of Economic Studies
Madalina Ruxandra Popp: Bucharest University of Economic Studies

Romanian Competition Journal, 2024, vol. 3, issue 2, 80-89

Abstract: This study analyzes electricity prices and consumption patterns in the European Union, emphasizing the disparities between household and non-household sectors. Using data collected from EUROSTAT, the paper highlights how geopolitical tensions, market dynamics, and energy policies influence electricity costs and usage trends. The findings reveal significant regional variations shaped by energy infrastructure, economic conditions, and policy frameworks. For instance, countries with high renewable energy adoption experience elevated costs, while those relying on conventional energy maintain lower prices. The analysis underscores the interplay between affordability, sustainability, and energy security, offering insights into the complexities of EU electricity markets. Recommendations aim to foster equitable, efficient, and resilient energy systems.

Keywords: electricity prices; consumption patterns; energy policies; renewable energy; energy security. (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ris:rocojo:021960

DOI: 10.58276/RCJ.2024.2.4

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