Desired by Europe, this decline is worrying for the economy.
There is no doubt that European businesses and households are closely monitoring their energy consumption. Whether gas or electricity. From August to November 2022, the consumption of natural gas fell by 20.1% in the European Union compared to the average demand for the same months between 2017 and 2021, thus noted Eurostat, the statistical office of the European Union. EU.
In France, electricity consumption fell by almost 10% this fall, compared to the 2014-2019 average, RTE revealed on Tuesday as well. A historic number. In comparison, electricity consumption fell by 14% during the first « grand confinement » in 2020.
Read alsoEnergy crisis: what does Brussels’ gas price cap change for your bills?
As a result, the objectives of Brussels and Paris could be exceeded. As part of the REPowerEU plan, which aims to put an end to the dependence of the EU-27 on Russian fossil fuels, the EU has set itself a reduction target of 15% for the period August 2022 to March 2023 compared to the average previous five years. Half way to…
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