It takes the average reader and 27 minutes to read Energy Support for Firms in Europe: Best Practice Considerations and Recent Experience by Mr. Anil Ari
Assuming a reading speed of 250 words per minute. Learn more
The surge in energy prices due to Russia’s February 2022 invasion of Ukraine significantly increased costs for European firms, prompting governments to introduce a range of support schemes. Although energy prices had eased by early 2023, uncertainty around prices remains unusually large. Against this backdrop, this paper examines the case for government intervention and identifies best practices with a view to improving the design of existing energy support schemes, facilitating exit from those schemes, and preparing policymakers for a downside scenario in which energy prices flare up again. The paper argues that support should be limited in size, strictly temporary in nature, narrowly targeted, and accompanied by strong safeguards and conditionality, while preserving price signals as much as possible to encourage energy conservation. Finally, the paper reviews recent support schemes introduced by European governments in light of the identified best practice considerations.
Energy Support for Firms in Europe: Best Practice Considerations and Recent Experience by Mr. Anil Ari is 27 pages long, and a total of 6,939 words.
This makes it 9% the length of the average book. It also has 8% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 37 minutes to read Energy Support for Firms in Europe: Best Practice Considerations and Recent Experience aloud.
Energy Support for Firms in Europe: Best Practice Considerations and Recent Experience is suitable for students ages 8 and up.
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