Brussels, 6 November 2013
Regulatory costs of the EU aluminium industry
The Commission has today released a study on the regulatory costs in the aluminium sector. In line with the Commission's determination to maintain the momentum behind its Regulatory Fitness and Performance Programme, as recently endorsed by the European Council, the study looks at the situation in a specific sector and how this can best be tackled.
The study indicates that the high cost of energy is the main driver of costs, which in turn are mainly influenced by national rather than EU policies and regulation. The study looks at the costs associated with EU regulation, and estimates that these are approximately 8% of total costs over a ten year period. The Commission is committed to look at how these costs can best be reduced.
The study also looks beyond the issue of regulatory burden and makes the case that, under certain conditions, it is possible to produce aluminium competitively in Europe. It is important to bear in mind, that while the study looks more narrowly at costs, it does not set out in detail the benefits of targeted EU regulation, which are required to respond to technological change, recycling or access to the EU internal market. The Commission will examine the report in more detail and assess the possible policy implications.
European Commission Vice President Antonio Tajani, Commissioner for Industry and Entrepreneurship, said: "Restoring the aluminium industry to competitiveness is an urgent issue. We need to carefully consider the effects of all relevant EU policies on this sector. As producers need to be able to source energy at affordable costs, I look forward to the next Competitiveness Council in December addressing the issue of energy costs"