IHS Chemical Week

EnviroTech :: Sustainability

Report: European Union plans to reduce energy prices for industry

1:52 AM MDT | May 21, 2013 | Michael Ravenscroft

The European Union plans to reduce energy prices for industry to stimulate growth, create jobs, and improve the competitiveness of European companies, according to a report in German newspaper Die Welt. These are the main points to be discussed at a summit meeting at Brussels today. The European Commission has been demanding an affordable energy supply for industry and consumers for several weeks. Energy commissioner Günther Oettinger recently challenged Europe to complete the internal energy market, to avoid adverse effects on the competitiveness of...

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