Recognizing a problem is the first step toward solving it. The Competitiveness Compass for the EU does precisely that, highlighting the European Union’s structural weaknesses: excessive bureaucracy and overregulation, lack of coordination among member states, and a flexibility gap that fails to align with current challenges.

One of the EU’s most pressing issues is high energy prices. To tackle this, the proposed vision emphasizes accelerating decarbonization and the clean energy transition, with electrification playing a central role. A crucial element of this strategy is investment in energy grids. As the backbone of a Single Energy Market, modernized grids ensure wider and more direct access to low-cost energy for both households and industries.

While some argue that decarbonization and electrification are ideologically driven, the reality is quite the opposite. It’s not ideology—it’s the economy…