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In response to the energy crisis, every Member State introduced emergency measures to support their citizens and economy, and to mitigate security of energy supply risks.
Today, the EU Agency for Cooperation of Energy Regulators (ACER) publishes an inventory of 400+ measures adopted by Member States to cope with the energy crisis. ACER publishes its inventory in the form of an interactive dashboard, providing a high-level analysis of the measures. In a second step, ACER will proceed with an assessment of the measures, focusing on lessons learned and publishing a fuller report in July 2023.
How is ACER’s inventory of energy measures relevant?
ACER’s detailed EU-wide picture of the energy emergency measures adopted across Europe is timely:
- As energy and fiscal policy makers consider next steps now to cope with persistent short term energy challenges;
- With Member States starting to re-evaluate their energy emergency support measures in the context of falling energy prices; and
- Given recent calls (by certain EU bodies) for fiscal policy (in the current high inflation environment) to be targeted, tailored and temporary.
Lessons from measures taken over the past year-and-a-half could help Member States direct any future energy emergency support measures, when and where deemed appropriate, to those who need it most.
