The global fuel energy price index stood at 153.15 index points in May 2025, up from 100 in the base year 2016. Figures decreased that month due to lower heating fuel demand and a fall in crude oil prices. The fuel energy index includes prices for crude oil, natural gas, coal, and propane. Supply constraints across multiple commodities The global natural gas price index surged nearly 11-fold, and the global coal price index rose almost seven-fold from summer 2020 to summer 2022. This notable escalation was largely attributed to the Russia-Ukraine war, exerting increased pressure on the global supply chain. Global ramifications of the Russia-Ukraine war The invasion of Ukraine by Russia played a role in the surge of global inflation rates. Notably, Argentina bore the brunt, experiencing a hyperinflation rate of 92 percent in 2022. The war also exerted a significant impact on global gross domestic product (GDP) growth. Saudi Arabia emerged with a notable increase of nearly three percent, as several Western nations shifted their exports from Russia to Middle Eastern countries due to the sanctions imposed on the former.

Energy Inflation in the United States decreased by 0.80 percent in June from -3.50 percent in May of 2025. This dataset includes a chart with historical data for the United States Energy Inflation.

Germany's electricity prices is forecast to reach a two-year high of ***** euros per megawatt-hour in February 2025 before increasing to 94 euros per megawatt-hour in June the same year. Electricity prices in the country have not yet recovered to pre-pandemic levels. Electricity price recovery German electricity prices began recovering back to pre-energy crisis levels in 2024, a period driven by a complex interplay of factors, including increased heating demand, reduced wind power generation, and water scarcity affecting hydropower production. Despite Germany's progress in renewable energy sources, with over ** percent of gross electricity generated from renewable sources in 2023, the country still relies heavily on fossil fuels. Coal and natural gas accounted for approximately ** percent of the energy mix, making Germany vulnerable to fluctuations in global fuel prices. Impact on consumers and future outlook The volatility in electricity prices has directly impacted German consumers. As of April 1, 2024, households with basic supplier contracts were paying around ** cents per kilowatt-hour, making it the most expensive option compared to other providers or special contracts. The breakdown of household electricity prices in 2023 showed that supply and margin, along with energy procurement, constituted the largest controllable components, amounting to **** and **** euro cents per kilowatt-hour, respectively. While prices have decreased since the 2022 peak, they remain higher than pre-crisis levels, underscoring the ongoing challenges in Germany's energy sector as it continues its transition towards renewable sources.

UK Electricity decreased 27.05 GBP/MWh or 26.40% since the beginning of 2025, according to the latest spot benchmarks offered by sellers to buyers priced in megawatt hour (MWh). This dataset includes a chart with historical data for the United Kingdom Electricity Price.

In April 2025, the average wholesale electricity price in France amounted to 42.21 euros per megawatt-hour, a decrease from the previous month. The electricity price was more than twice as high during the same month the previous year.

Energy Prices In the Euro Area decreased to 143.35 points in May from 145.11 points in April of 2025. This dataset includes a chart with historical data for Euro Area Energy Prices.

A comprehensive dataset of average residential, commercial, and combined electricity rates in cents per kWh for all 50 U.S. states.

Iran Consumer Price Index (CPI): Urban: Housing, Water, Electricity, Gas and Other Fuels data was reported at 279.300 Apr2004-Mar2005=100 in 2012. This records an increase from the previous number of 236.200 Apr2004-Mar2005=100 for 2011. Iran Consumer Price Index (CPI): Urban: Housing, Water, Electricity, Gas and Other Fuels data is updated yearly, averaging 55.000 Apr2004-Mar2005=100 from Mar 1991 (Median) to 2012, with 22 observations. The data reached an all-time high of 279.300 Apr2004-Mar2005=100 in 2012 and a record low of 6.000 Apr2004-Mar2005=100 in 1991. Iran Consumer Price Index (CPI): Urban: Housing, Water, Electricity, Gas and Other Fuels data remains active status in CEIC and is reported by Central Bank of the Islamic Republic of Iran. The data is categorized under Global Database’s Iran – Table IR.I006: Consumer Price Index: April 04-March 05=100: Urban: Annual.

The average wholesale electricity price in July 2025 in the United Kingdom is forecast to amount to****** British pounds per megawatt-hour, a decrease from the previous month. A record high was reached in August 2022 when day-ahead baseload contracts averaged ***** British pounds per megawatt-hour.
Electricity price stabilization in Europe Electricity prices increased in 2024 compared to the previous year, when prices stabilized after the energy supply shortage. Price spikes were driven by the growing wholesale prices of natural gas and coal worldwide, which are among the main sources of power in the region.

… and in the United Kingdom? The United Kingdom was one of the countries with the highest electricity prices worldwide during the energy crisis. Since then, prices have been stabilizing, almost to pre-energy crisis levels. The use of nuclear, wind, and bioenergy for electricity generation has been increasing recently. The fuel types are an alternative to fossil fuels and are part of the country's power generation plans going into the future.

According to a survey conducted in April 2022, more than half of the participants believed that the increase in their electricity bills was due to government policies in Turkey. Over one-third of the respondents held energy companies responsible for the growth in electricity prices.

Natural gas rose to 3.36 USD/MMBtu on July 11, 2025, up 0.58% from the previous day. Over the past month, Natural gas's price has fallen 3.89%, but it is still 44.10% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on July of 2025.

The global power market, currently valued at approximately $XX million (assuming a reasonable market size based on industry averages and the provided CAGR), is projected to experience robust growth, with a compound annual growth rate (CAGR) of 4.89% from 2025 to 2033. This expansion is driven by several key factors. Increasing global energy demand fueled by population growth and industrialization in developing economies necessitates significant investment in power generation and distribution infrastructure. The rising adoption of renewable energy sources, driven by environmental concerns and government policies promoting sustainable energy, is another major driver. Technological advancements in energy storage solutions and smart grids are further enhancing efficiency and grid stability, contributing to market growth. However, challenges remain, including the volatile price of fossil fuels, regulatory hurdles in different regions, and the intermittency associated with renewable energy sources. These factors necessitate strategic planning and investment in grid modernization and diversification of energy sources to ensure a reliable and sustainable power supply. The competitive landscape is dominated by large, established players such as State Grid Corporation of China, Engie SA, and Electricite de France, alongside other significant regional players. These companies are actively involved in expanding their capacity, investing in renewable energy projects, and adopting innovative technologies to maintain a competitive edge. The market is segmented by various factors including energy source (renewable vs. non-renewable), technology (solar, wind, nuclear, thermal), and region. The regional distribution is likely to vary significantly, with regions like Asia-Pacific exhibiting faster growth compared to more mature markets in North America and Europe. The forecast period of 2025-2033 promises continued growth, driven by increasing energy demand and policy support for renewable energy transition. This trend necessitates ongoing adaptation and innovation within the industry to meet the evolving energy needs of a growing global population while addressing sustainability concerns. Recent developments include: In April 2023, ArcelorMittal announced that the company's Brazilian entity, ArcelorMittal Brazil, formed a joint venture with the Brazilian renewable energy company Casa dos Ventos to develop the 554 MW Babilonia wind power project. The project will be developed for USD 800 million in the central region of Bahia, northeast Brazil. ArcelorMittal will hold a 55% share in the joint venture, and Casa dos Ventos will have the remaining share., In April 2023, the Indian government sanctioned the construction of ten nuclear reactors in five Indian states. The center has granted administrative and financial approval for a fleet of ten indigenous 700 MW pressurized heavy water reactors. The ten reactors will be built in the states of Karnataka, Haryana, Madhya Pradesh, and Rajasthan., July 2022: Dubai Electricity and Water Authority (DEWA) announced that the company aims to develop 4GW renewable energy projects with the Independent Power Producer (IPP). The total investment required in the projects would be more than AED 40 billion. DEWA is developing a solar project IPP model, The Mohammed bin Rashid Al Maktoum Solar Park. The project will have a production capacity of 5,000 MW by 2030.. Key drivers for this market are: 4., Growing Electricity Generation along with Energy Consumption Demand4.8.; Increasing adoption of Renewable Energy. Potential restraints include: 4., Growing Electricity Generation along with Energy Consumption Demand4.8.; Increasing adoption of Renewable Energy. Notable trends are: Thermal Source for Power Generation to be the Largest Market.

Against the backdrop of climate change, continuously increasing environmental awareness among consumers and strict guidelines regarding environmental protection, energy suppliers are being forced to implement capital-intensive, technologically complex restructuring measures as part of the energy transition. This is particularly the case at the production level, but also with regard to the expansion of transmission and distribution networks. Industry revenue generated by the generation, transmission, distribution and trading of electricity grew by an average of 4.2% per year in the period from 2020 to 2025. In the current year, sales are expected to fall by 3.7% to €788.6 billion. The reason for the decline in turnover is the expected fall in electricity consumption and lower electricity prices, which are also likely to result in a slight decrease in the profit margin.With Germany phasing out nuclear power in April 2023 and coal-fired power generation by 2038, industry players have already invested continuously in the construction of wind and solar power plants and other technologies for environmentally friendly power generation in recent years. The growth in industry turnover in 2021 and 2022 is partly due to the rising electricity price and partly to the temporary increase in electricity consumption. In 2020, the increase in electricity consumption in private households was unable to offset the lower electricity demand in industry due to the pandemic. Supply chains were disrupted by the coronavirus pandemic and production in some manufacturing industries was temporarily curtailed or stopped completely. This in turn led to lower production volumes and a decline in electricity consumption. In 2022, the war in Ukraine contributed to an increase in electricity production costs, which were passed on to the consumer markets. At the same time, electricity consumption in industry increased. Since 2023, both prices and electricity consumption as well as industry turnover have been declining.For the period from 2025 to 2030, IBISWorld is forecasting average revenue growth of 1.9% per year to €865.2 billion. In order to remain competitive, industry players will have to invest in renewable energies, storage systems and innovative technologies in the future - including smart devices or applications that use intelligent data collection and analysis methods to ensure the most efficient energy supply possible. The power outage in Spain and Portugal in April 2025 was a warning of how crucial networking, redundancy and flexible backup mechanisms are for the stability of a modern power grid. It has been confirmed that the strong integration into the European grid, technical precautions and ongoing monitoring minimise the risk of a comparable blackout in Germany. Automatic protection systems, rapid response options and the ability to gradually rebuild the grid therefore remain key tasks for the future of the German electricity supply.

The renewable energy market is experiencing robust growth, driven by increasing concerns about climate change, government incentives promoting clean energy adoption, and decreasing technology costs. The market, valued at approximately $XX million in 2025 (assuming a logical extrapolation from the provided 2019-2024 data and 7.09% CAGR), is projected to expand significantly over the forecast period (2025-2033). Key drivers include the escalating demand for electricity, stringent environmental regulations targeting carbon emissions, and the growing awareness among consumers and businesses about the environmental and economic benefits of renewable energy sources. Market trends indicate a shift towards larger-scale renewable energy projects, increased integration of smart grids, and the development of innovative energy storage solutions to address intermittency challenges. While restraints such as grid infrastructure limitations and land-use conflicts persist, technological advancements and supportive policy frameworks are actively mitigating these challenges. The market is segmented into EPC developers/operators/owners and equipment suppliers, with significant players including Orsted AS, EDF SA, NextEra Energy Inc, First Solar Inc, and Vestas Wind Systems AS, contributing substantially to the overall market value and growth. The market's segmentation reflects the complex nature of the renewable energy sector, requiring both project development and execution expertise alongside advanced equipment manufacturing and supply capabilities. The competitive landscape is characterized by both established energy giants and innovative technology companies, leading to continuous improvement and cost reductions in renewable energy technologies. Regional variations in growth rates are expected, influenced by factors such as government policies, available resources, and technological infrastructure. The forecast period will likely witness a rise in mergers and acquisitions, strategic partnerships, and technological collaborations as companies strive to gain a competitive edge and capitalize on the substantial growth potential within the renewable energy sector. Continuous innovation in solar PV, wind turbine technology, and energy storage solutions will fuel this expansion further. Recent developments include: April 2023: ArcelorMittal announced that the company's Brazilian entity, ArcelorMittal Brazil, formed a joint venture with the Brazilian renewable energy company Casa dos Ventos to develop the 554 MW Babilonia wind power project. The project is expected to be developed at a cost of USD 800 million and will be located in the central region of Bahia, northeast Brazil. ArcelorMittal is anticipated to hold a 55% share in the joint venture, and the remaining share will be held by Casa dos Ventos.January 2023: Cepsa announced that it would build three new solar power projects in Castilla-La Mancha, Spain. The total capacity of the three solar energy farms is expected to be 400 MW. The projects are expected to be developed with an investment of USD 305 million in the towns of Campo de Criptana and Arenales de San Gregorio.May 2022: NJR Clean Energy Ventures (CEV) started construction on an 8.9-MW floating solar installation in Millburn, New Jersey, which is expected to be the largest floating array in the United States. The project uses a floating racking system, and 16,510 solar panels are expected to be installed on a reservoir located at the New Jersey American Water Canoe Brook Water Treatment Plant. The clean power generated by the array is anticipated to provide approximately 95% of the facility's annual power needs through a power purchase agreement with CEV.. Key drivers for this market are: 4., Favorable Government Policies for Renewable Energy4.; The Declining Price of Solar Panels and Wind Turbine Installations4.; Increasing Investments in Hydropower and Pumped Storage Hydropower Projects4.; Growing Emphasis on Geothermal Energy. Potential restraints include: 4., Favorable Government Policies for Renewable Energy4.; The Declining Price of Solar Panels and Wind Turbine Installations4.; Increasing Investments in Hydropower and Pumped Storage Hydropower Projects4.; Growing Emphasis on Geothermal Energy. Notable trends are: Hydropower Segment is Expected to Dominate the Market during the Forecast Period.

The East Asia renewable energy market, encompassing solar, wind, hydro, and other sources, exhibits robust growth, driven by increasing energy demand, stringent environmental regulations, and supportive government policies. China, Japan, South Korea, and Taiwan are key contributors, with China holding the dominant market share due to its massive investments in renewable energy infrastructure and ambitious decarbonization targets. The market's Compound Annual Growth Rate (CAGR) exceeding 8% indicates significant expansion over the forecast period (2025-2033). Solar and wind power are the leading segments, fueled by technological advancements leading to decreased costs and improved efficiency. Hydropower, while a mature sector, continues to contribute significantly, particularly in regions with abundant water resources. However, land availability constraints, grid infrastructure limitations, and intermittency challenges related to solar and wind pose restraints on market growth. To mitigate these, substantial investments in smart grids, energy storage solutions, and improved transmission networks are crucial. Furthermore, the ongoing geopolitical landscape and international collaborations are influencing the pace of renewable energy adoption. Government incentives, such as tax breaks and subsidies, play a vital role in stimulating further investments and fostering technological innovation within the sector. The market's growth trajectory is anticipated to be influenced by factors such as increasing energy prices, growing awareness of climate change, and a global shift towards sustainable energy sources. The diversification of renewable energy sources across East Asian countries will continue to be a key feature of the market. While China maintains its leading position, other nations are actively pursuing renewable energy development, spurred by environmental concerns and the need for energy independence. The integration of renewable energy technologies with existing power grids will necessitate further investment in infrastructure development to ensure stable and reliable electricity supply. Moreover, the market will witness the emergence of new players, strategic partnerships, and mergers and acquisitions aimed at consolidating market share and accelerating innovation. The East Asia renewable energy market presents a lucrative opportunity for investors and businesses willing to capitalize on the region's burgeoning demand for clean and sustainable energy solutions. Recent developments include: May 2022: Lightsource BP, a unit of BP, announced that it would build a 150 MW solar park on around 200 fishery ponds in Budai, Chiayi County, in southwestern Taiwan, in collaboration with Green Rock Energy, with construction starting in June 2023., April 2022: Japan's biggest power company, Jera, and compatriot renewables engineering outfit West Holdings finalized a deal to develop at least 1 GW of solar capacity by the end of 2025 in their domestic market.. Notable trends are: Solar Energy to Dominate the Market.

Iran PPI: Electricity data was reported at 332.300 Apr2016-Mar2017=100 in Jun 2023. This records an increase from the previous number of 303.100 Apr2016-Mar2017=100 for Mar 2023. Iran PPI: Electricity data is updated quarterly, averaging 192.900 Apr2016-Mar2017=100 from Jun 2021 (Median) to Jun 2023, with 9 observations. The data reached an all-time high of 332.300 Apr2016-Mar2017=100 in Jun 2023 and a record low of 173.900 Apr2016-Mar2017=100 in Jun 2021. Iran PPI: Electricity data remains active status in CEIC and is reported by Statistical Center of Iran. The data is categorized under Global Database’s Iran – Table IR.I016: Producer Price Index: April 16-March 17=100: Quarterly.

Iran Consumer Price Index (CPI): Urban: Housing, Water, Electricity, Gas and Other Fuels (WE) data was reported at 334.600 Apr2004-Mar2005=100 in Dec 2012. This records an increase from the previous number of 329.100 Apr2004-Mar2005=100 for Nov 2012. Iran Consumer Price Index (CPI): Urban: Housing, Water, Electricity, Gas and Other Fuels (WE) data is updated monthly, averaging 224.800 Apr2004-Mar2005=100 from Apr 2007 (Median) to Dec 2012, with 69 observations. The data reached an all-time high of 334.600 Apr2004-Mar2005=100 in Dec 2012 and a record low of 137.400 Apr2004-Mar2005=100 in Apr 2007. Iran Consumer Price Index (CPI): Urban: Housing, Water, Electricity, Gas and Other Fuels (WE) data remains active status in CEIC and is reported by Central Bank of the Islamic Republic of Iran. The data is categorized under Global Database’s Iran – Table IR.I005: Consumer Price Index: April 04-March 05=100: Urban.

Iran Consumer Price Index (CPI): Urban: WE: Electricity, Gas and Other Fuels data was reported at 487.800 Apr2004-Mar2005=100 in Dec 2012. This records an increase from the previous number of 486.800 Apr2004-Mar2005=100 for Nov 2012. Iran Consumer Price Index (CPI): Urban: WE: Electricity, Gas and Other Fuels data is updated monthly, averaging 126.500 Apr2004-Mar2005=100 from Apr 2007 (Median) to Dec 2012, with 69 observations. The data reached an all-time high of 487.800 Apr2004-Mar2005=100 in Dec 2012 and a record low of 106.600 Apr2004-Mar2005=100 in Apr 2007. Iran Consumer Price Index (CPI): Urban: WE: Electricity, Gas and Other Fuels data remains active status in CEIC and is reported by Central Bank of the Islamic Republic of Iran. The data is categorized under Global Database’s Iran – Table IR.I005: Consumer Price Index: April 04-March 05=100: Urban.

In the observed period, weighted average monthly electricity prices on the day-ahead market in Poland increased from ****** zloty/MWh in January 2018 to over *** zloty/MWh (***** EUR/MWh) in April 2025. The record weighted average price occurred in August 2022, exceeding ***** zloty. Consumption of electricity in Poland Electricity is essential to modern life and vital to every country’s economy. Starting from 1990, the final annual electricity consumption reached a value of ***** terawatt-hours. It eventually grew to *** tWh in 2023, which happened to be a *** percent decrease compared to the previous year. Consumption of solar photovoltaic power has become popular in recent years, but also the capacity of solar photovoltaic per inhabitant in Poland has significantly increased, rising from just *** watts per inhabitant in 2013 to ***** W/inhab in 2023. In 2023, **** million customers in Poland used electricity with consumption lower than ** megawatt-hours. Electricity production from renewables Throughout the years, there have been different methods and sources of electricity production worldwide. Starting in 2012, the electricity production from solar photovoltaic power generated only *** gigawatt-hours. In 2023, Poland's electricity production volume from solar photovoltaic power reached a peak of over ** terawatt hours. Another source of electricity production was the wind. Where the production of electricity from wind steadily increased from **** gigawatt-hours in 2000 to ****** gigawatt-hours in 2023. Biogas and biomass also play a significant role in the production of electricity. In 2012, electricity production from biogas and biomass was the highest at around ****** gigawatt-hours. However, in 2022, the production decreased, reaching ***** GWh.