The Forum > General Discussion > Is the Green dream crashing in Europe?
Is the Green dream crashing in Europe?
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"Industrial consumers(EU) pay nearly 3x what Aus industries pay."
There seems to be a serious mismatch between your statement and reality here.
Average price paid (2014) by industries for electricity in EU was € 0.12 KWh as per link above or A$ 0.18 at current exchange rates and this includes cost of access to the grid.
There is no specific data for Australian power prices for industries, as they don't get any special treatment re taxes as they do in Europe, but I assume that Aussie industries do get discounts due to bulk purchase of power. Now the current domestic price of power in Australia is around A$ 0.30+ KWh (Inc access to grid) so industry here would need a discount of over 60% just to match EU prices.
So it would seem that the EU prices for industrial power are possible cheaper than in Aus, but the EU produces a much higher (X2)proportion of its power from renewables than we do.