Consumer protection mechanisms during the current and future periods of high and volatile energy prices

dc.contributor.authorPOTOTSCHNIG, Alberto
dc.contributor.authorGLACHANT, Jean-Michel
dc.contributor.authorMEEUS, Leonardo
dc.contributor.authorCONTI, Ilaria
dc.date.accessioned2022-03-25T13:45:01Z
dc.date.available2022-03-25T13:45:01Z
dc.date.issued2022
dc.description.abstractThe recent surge in energy prices has prompted many governments to introduce emergency measures to reduce the impact on consumers’ electricity and gas bills. In its REPowerEU Communication of 8 March 2022, the European Commission confirmed that price regulation can be used to mitigate the effect of higher energy prices on consumers’ bills. However, most government interventions and what the Commission refers to are measures to reduce the energy prices facing consumers. This type of measures weakens the incentives to save energy, and therefore runs counter to the more general energy policy objectives of sustainability and security of supply, including the reduction of the European Union’s dependence on Russia. In this Policy Brief, a more targeted approach, based on lump-sum rebate payments, which protects energy-poor consumers from unaffordable energy bills, while maintaining the incentives to save energy, is proposed.en
dc.format.mimetypeapplication/pdfen
dc.identifier.doi10.2870/920931
dc.identifier.isbn9789294661593
dc.identifier.issn2467-4540
dc.identifier.urihttps://hdl.handle.net/1814/74376
dc.language.isoenen
dc.orcid.uploadtrue*
dc.publisherEuropean University Instituteen
dc.relation.ispartofseriesPolicy Briefsen
dc.relation.ispartofseries2022/20en
dc.relation.ispartofseriesFlorence School of Regulationen
dc.relation.ispartofseries[Electricity]en
dc.rightsinfo:eu-repo/semantics/openAccessen
dc.rights.licenseAttribution 4.0 International*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/*
dc.subjectEnergy pricesen
dc.subjectEnergy povertyen
dc.subjectVulnerable consumersen
dc.subjectPrice regulationen
dc.subjectEnergy billsen
dc.titleConsumer protection mechanisms during the current and future periods of high and volatile energy pricesen
dc.typeOtheren
dspace.entity.typePublication
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person.identifier.orcid0000-0002-3508-166X
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person.identifier.other32778
person.identifier.other38664
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relation.isAuthorOfPublication.latestForDiscovery2812e441-a532-4e51-a8ac-61e8c74ae073
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