Why is electricity so expensive? ⚡️

Laurent Bataille, President of Europe at Schneider Electric, reveals the three factors that make up your electricity bill: generation, the grid, and taxes. While renewable energy may be driving down the cost of production in places like Spain and the Nordics, the total price you pay can depend on more than just the weather. Subscribe to City AM for more executive insights. Link in bio for more. #Shorts #Energy #Business #ClimateChange #SchneiderElectric