For several decades, the countries in Central and Eastern Europe pursued an energyintensive strategy of economic development based on distorted relative prices of energy. This typical feature of central planning created the illusion of a virtually unlimited supply of energy. The illusion came to...

This report synthesises data from a range of sources to estimate the size of subsidies to the energy sector in the 15 pre-2004 Member States of the European Union. It finds that the level of subsidies to fossil fuels remains high despite their environmental impacts, while support for renewable...

Since climate change has become an important subject on the international agenda, CO2-neutral energy sources are becoming increasingly popular as well. Among the companies that have benefited from this development is the Danish wind turbine manufacturing company, Vestas. Over the last century,...