Burning energy prices: limit our vulnerabilities

Since January 2021, Europe has experienced a spike in energy prices and the end customer is impacted by this increase in production costs.

In economic terms, the dynamic recovery in global demand, which comes after several months of significant decline linked to the pandemic, has undoubtedly had an upward impact on all energy and carbon prices.

However, this note supports the hypothesis that this surge in prices is above all a harbinger of the obstacles that will have to be overcome to achieve the necessary transition of the energy system towards a low-carbon world: the organization of greening compatible with security of supply and preserving households' power to live in a context of sustained price increases.

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To do this, it recommends abandoning an exclusive electrification policy, adopting an ambitious technologically neutral European policy and working on the complementarity of renewable energies.

Faced with the prospect of a structural rise in prices, which affects households unequally, it proposes to put the fight against the vulnerability of households to energy prices at the heart of public policies, by adopting transport and thermal renovation policies putting energy sobriety back at the heart of concerns.