Electricity consumption in the EU has clearly become disconnected from economic growth since the start of the decade, according to the European Commission’s latest quarterly reports on the gas and electricity markets, published on Tuesday 27 March. EU28 GDP increased by 11.6% between 2010 and the end of 2017 while, over the same period, electricity consumption decreased by 4%, signalling an improving energy intensity in the EU economy.
The electricity report also highlights that in...