THE ENERGY SITUATION IN EC.
After analysing the energy situation of the past few years and the present, it is concluded that prospects for 1984, with an expected economic growth of 1.7 %, are that there could be a slight increase in Community energy consumption for the first time in five years. But oil demand is likely to remain about the same. Nuclear production is expected to increase by 12 %. Natural gas consumption may be slightly higher and solid fuel consumption slightly lower than in 1983. Community energy production in 1984 will again grow, although by less than in previous years. In percentage terms, the Community's net import reliance should be virtually unchanged. The more detailed analysis of energy trends in the remainder of this paper underlines the undoubted progress which has been made in recent years as a result of the strong market signals provided by the oil price increases of 1973/4 and 1979 - 1980. The process of restructuring is continuing but the rate of progress could diminish as the stimulus from high oil prices erodes overtime. Energy policies will need to adapt to the new circumstances so as to ensure that the scope for further improvement is fully exploited.
Bibliographic Reference: REPORT 43 P., 1984, DA, DE, GR, EN, FR, IT, NL WRITE TO THE OFFICE FOR OFFICIAL PUBLICATIONS, 5 RUE DU COMMERCE, LUXEMBOURG, MENTIONING CATALOGUE NUMBER CB-40-84-157, BFR 60
Record Number: 1989122057700 / Last updated on: 1994-09-12
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