According to an analysis by the International Monetary Fund (IMF), energy prices in the EU can become more competitive globally through the expansion of low-carbon energy production. „While it is unlikely that the EU will fully close the energy price gap with the US, the combination of renewable energy supply and market integration could represent a major step forward,“ writes the IMF in a background document for next week’s meeting of EU finance ministers. The 16-page report on deepening the European internal energy market is available to Table.Briefings.