The EU's electricity market and why soaring gas prices are driving bills higher

Contributing sentiments towards policy:

63% : Brussels is also fiercely protective of a model that it says is crucial to meeting its ambitious climate goals and speeding up the transition to renewable energy.
56% : Marginal pricing means all suppliers in the market, including cheaper wind or solar installations, get the price paid for the most expensive offer accepted, providing a boon for capital intensive technologies such as renewable energy.
45% : The average European household electricity bill is broken down into costs for taxes and VAT (about 35 per cent), network operator costs (30 per cent), and the unit cost of energy (about 35 per cent), according to figures from the EU's Agency for the Cooperation of Energy Regulators (ACER).

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