Tag Archive for 'Markets; production'

European Commission: Increase of Intra-European Energy Trade Despite Decreased Energy Consumption

The European Commission published its “Quarterly Report on European Electricity Markets”. Energy consumption decreased by 0.7% in 2013 compared to the first three months of the previous year. The development is to be explained primarily by the continuing economic recession, as also the GDP decreased by o.7%. A closer examination of the respective sectors reveals that the recession hit the important energy consumers industry and construction even harder, leading to a reduction of 4.8%.

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