<s>[INST] The next text is a question of a member of the European parliament:"A recent study (E. Panos and M. Densing, 2019, The future developments of the electricity prices in view of the implementation of the Paris Agreements: Will the current trends prevail, or reversal is ahead?, Energy Economics, https://doi.org/10.1016/j.eneco.2019.104476) assesses the impact of the EU Clean Energy legislative package on the expected trend in electricity prices on European wholesale markets up to 2030 following trials in Switzerland, Germany, France, Italy and Austria. The study applies a game-theoretic framework to two scenarios: a base scenario and a more demanding low carbon scenario.The results indicate that the cost of electricity will be twice as high as current prices for the base scenario and four times as high for the more demanding low carbon scenario. They also point to increased price volatility. Increasing market integration may lead to price peaks in certain circumstances.The results give cause for concern for both consumers and the economy as a whole, and calls into question the neoliberal approach while highlighting the need for public scrutiny of energy companies to ensure that changes in the sector are sustainable.Can the Commission provide any information on its assessment of the above-mentioned study and its alarming results?"
Analyze carefully the text and assign it to the most relevant policy area among those listed below. Do not explain your answer and return only a number.
Policy area numbers: 1 = Macroeconomics
2 = Civil Rights, Minority Issues and Civil Liberties
3 = Health
4 = Agriculture and Fisheries
5 = Labour, employment and pensions
6 = Education
7 = Environment
8 = Energy
9 = Immigration
10 = Transportation
12 = Law and Crime
13 = Social welfare
14 = Regional and Urban issues and Planning
15 = Banking, finance and domestic commerce issues
16 = Defence
17 = Space, science, technology, and communications issues
18 = Foreign trade
19 = International affairs and foreign aid
20 = Governance and government
21 = Public Lands, Water Management and Territorial Issues
23 = Culture and media
[/INST]. Answer = [8]. </s>
A recent study (E. Panos and M. Densing, 2019, The future developments of the electricity prices in view of the implementation of the Paris Agreements: Will the current trends prevail, or reversal is ahead?, Energy Economics, https://doi.org/10.1016/j.eneco.2019.104476) assesses the impact of the EU Clean Energy legislative package on the expected trend in electricity prices on European wholesale markets up to 2030 following trials in Switzerland, Germany, France, Italy and Austria. The study applies a game-theoretic framework to two scenarios: a base scenario and a more demanding low carbon scenario.The results indicate that the cost of electricity will be twice as high as current prices for the base scenario and four times as high for the more demanding low carbon scenario. They also point to increased price volatility. Increasing market integration may lead to price peaks in certain circumstances.The results give cause for concern for both consumers and the economy as a whole, and calls into question the neoliberal approach while highlighting the need for public scrutiny of energy companies to ensure that changes in the sector are sustainable.Can the Commission provide any information on its assessment of the above-mentioned study and its alarming results?