Peter Claes, deputy president of the International Federation of Industrial Energy Consumers (IFIEC) has said that a further layer of administration and costs in the electricity market was not what was needed and that industrial energy coCost of energy nsumers were already struggling with the high cost of energy.

Referring to the significant amount of levies, support mechanisms and taxes already forming a large part of energy bills, he said: “Industry is being driven out by high energy prices and we don’t need another layer.”

Speaking at a Eurelectric conference on European electricity capacity markets in Brussels, Claes said that, while security of supply was vital to large industrial consumers, he questioned the need for paying for capacity. “Is it really needed? No other industry has this.” Claes called on energy producers to look at ways to cut costs such as re-negotiating fuel supply arrangements.

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