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

Author

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  • Mihail Busu

    (Competition Council)

  • Ruben Lupu

    (Bucharest University of Economic Studies)

  • Madalina Ruxandra Popp

    (Bucharest University of Economic Studies)

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.

Suggested Citation

  • Mihail Busu & Ruben Lupu & Madalina Ruxandra Popp, 2024. "The Impact of Competition on Electricity Consumption Patterns and Market Challenges in the EU," Romanian Competition Journal, Consiliul Concurenței, vol. 3(2), pages 80-89, December.
    • Handle: RePEc:ris:rocojo:021960
    DOI: 10.58276/RCJ.2024.2.4
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