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The cost of power is inextricably linked to Europe’s competitiveness. Bram Claeys from the Regulatory Assistance Project joins Watt Matters to discuss the impact recent price fluctuations have had on European industry and what a decarbonised economy would mean for energy bills
Power prices play a crucial role in the industrial sector. When energy prices rise, it often leads to increased production costs, which can either drive up product prices or squeeze profit margins.
Many industrial companies are now exploring options for low-carbon energy sources. While these alternatives can provide more affordable power in the long run, they typically require a higher initial investment, which may, in turn, impact overall pricing structures.
This week on Watt Matters, as we near the end of our investigation into competitiveness, we look at how the energy transition is affecting power prices.
In this episode, the Watt Matters team is joined by Bram Claeys, a senior advisor at the Regulatory Assistance Project, to discuss the dilemma of sourcing cheaper and cleaner power while remaining competitive.
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