Inventory of Energy Subsidies in the EU’s Eastern Partnership Countries

Analysis shows that energy subsidies tend to accrue not to those with This study is the first comprehensive and consistent the lowest income, but rather to the largest and most record of energy subsidies in the EaP region. [...] 3 POLICY HIGHLIGHTS Scope of the study The inventory of government support schemes in the energy sector in the EaP countries covers the period 2010 – 2015. [...] For net importers of fossil fuels, the IEA and the subsidy represents the opportunity cost of selling fuels at IMF base reference prices of fossil fuels on the import parity below-market prices domestically, rather than a measure of price: the price of a product at the nearest international direct expenditure. [...] OECD | Inventory of Energy Subsidies in the EU’s Eastern Partnership Countries Why and how to reform energy subsidies? This study identifies and quantifies subsidies that skew the “playing field” in favour of fossil fuels, thus presenting barriers to energy efficiency and the development of renewables. [...] The OECD worked with the government of Moldova to The analysis shows that reforming the VAT-related analyse the potential fiscal, social and environmental energy subsidies in Moldova, i.e.