small price step

large price step

early bird special

Lieutenant-Governor's Award for Early Childhood Literacy

Ensuring a fair standard of living for farmers is a key demand, with a majority of respondents (88%) recognising that farm incomes are lower than the EU average and that farmers receive only a small amount of the final consumer price for food (97%).

Points out that although European electricity retail prices for small and medium-sized industrial and business customers and private consumers are relatively high in many Member States, investing in energy efficiency can boost the competitiveness of European businesses and reduce energy costs for private consumers; stresses, however, that the electricity bill in the EU consists on average of one third of indirect, state-induced tax and levies for private households, which when applied as fixed elements on bills, can make it difficult for consumers to feel the benefits from energy saving, and contributes to energy po ...[+++]verty; notes that levies to finance European climate and energy policies are the smallest part of the bill; and underlines that the high energy prices in the EU result in a difference in energy prices between EU Member States and our main competitors in large parts of the world, which inhibit the competitiveness of European energy-intensive industries; notes that innovation also increases with greater investment in energy efficiency, placing EU industry in a world-leading position.

The small price step shall be set such that an increase by an integer number of small price steps is equal to an increase by a large price step.

The determination of the small price step shall seek to minimise, as far as reasonably possible, the level of unsold capacity where the auction closes at a price higher than the reserve price.