In 2022, the average end-use electricity price in the United States stood at around 12.2 U.S. cents per kilowatt-hour. This figure is projected to decrease in the coming three decades, to reach some 11 U.S. cents per kilowatt-hour by 2050.
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This dataset provides values for ELECTRICITY PRICE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
The average wholesale electricity price in September 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.
Industrial consumers of electricity in the United States paid an average of 8.15 U.S. dollar cents per kilowatt-hour in 2024. This was an increase compared to the previous year, when prices peaked at 8.3 U.S. dollar cents per kilowatt-hour. Prices are forecast to increase further to 8.32 U.S. dollar cents per kilowatt-hour by the end of 2025.
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Germany Electricity decreased 21.14 EUR/MWh or 18.27% 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 Germany Electricity Price.
The global energy price index stood at around 101.5 in 2024. Energy prices were on a decreasing trend that year, and forecasts suggest the price index would decrease below 80 by 2026. Price indices show the development of prices for goods or services over time relative to a base year. Commodity prices may be dependent on various factors, from supply and demand to overall economic growth. Electricity prices around the world As with overall fuel prices, electricity costs for end users are dependent on power infrastructure, technology type, domestic production, and governmental levies and taxes. Generally, electricity prices are lower in countries with great coal and gas resources, as those have historically been the main sources for electricity generation. This is one of the reasons why electricity prices are lowest in resource-rich countries such as Iran, Qatar, and Russia. Meanwhile, many European governments that have introduced renewable surcharges to support the deployment of solar and wind power and are at the same time dependent on fossil fuel imports, have the highest household electricity prices. Benchmark oil prices One of the commodities found within the energy market is oil. Oil is the main raw material for all common motor fuels, from gasoline to kerosene. In resource-poor and remote regions such as the United States' states of Alaska and Hawaii, or the European country of Cyprus, it is also one of the largest sources for electricity generation. Benchmark oil prices such as Europe’s Brent, the U.S.' WTI, or the OPEC basket are often used as indicators for the overall energy price development.
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The global natural gas fired electricity generation market was valued at USD 33.72 billion in 2019 and is anticipated to register an estimated USD 56.13 billion by 2027, expanding at a CAGR of nearly 5.3% during the forecast period, 2020–2027. The growth of the market is attributed to rising demand for renewable energy source and growing development of new technologies for natural gas electricity generation.
Natural gas fired electricity generation involves a process of generating electricity power using natural resources. Natural gas-based electricity is a fast-growing market and a substantial rise in the demand for the power system is due to its clean and efficient source of energy, which is less harmful to environment. Rising global concern for carbon emission and the increasing global pressure for the use of renewable energy sources, the demand for natural gas-based electricity is rising significantly.
Attributes | Details |
Base Year | 2019 |
Historic Data | 2017–2018 |
Forecast Period | 2020–2027 |
Regional Scope | Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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This dataset provides values for ELECTRICITY PRICE. reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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This dataset provides values for ENERGY PRICES. reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
Electricity prices in Germany are forecast to amount to ***** euros per megawatt-hour in September 2025. 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.
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Italy Electricity decreased 17.54 EUR/MWh or 12.73% 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 Italy Electricity Price.
The average wholesale electricity price in September 2025 in Norway is forecast to amount to 34.81 euros per megawatt-hour. The country's electricity prices reached a record high in August 2022, at 246 euros per megawatt-hour, the result of the global energy crisis and a drought that hit the country that summer.
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Italy Terna Forecast: Electricity Demand: Average Annual Rate data was reported at 1.200 % in 2025. This stayed constant from the previous number of 1.200 % for 2024. Italy Terna Forecast: Electricity Demand: Average Annual Rate data is updated yearly, averaging 1.200 % from Dec 2017 (Median) to 2025, with 9 observations. The data reached an all-time high of 1.200 % in 2025 and a record low of 1.200 % in 2025. Italy Terna Forecast: Electricity Demand: Average Annual Rate data remains active status in CEIC and is reported by Terna. The data is categorized under Global Database’s Italy – Table IT.RB006: Electricity Demand: Forecast: Terna.
The average wholesale electricity price in September 2025 in France is forecast to amount to 28.7 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.
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France Electricity decreased 11.29 EUR/MWh or 16.16% 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 France Electricity Price.
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As per Cognitive Market Research's latest published report, the Global Power Plant market size was $1,523.64 Billion in 2022 and it is forecasted to reach $1,924.34 Billion by 2030. Power Plant Industry's Compound Annual Growth Rate will be 3.5% from 2023 to 2030. Factors Impacting on Power Plant Market
Rising industrialization and urbanization boost the demand for the Power plant market
The global power plant market is primarily driven by the growing demand for electricity due to the rapid pace of industrialization and urbanization in developing countries. Additionally, the increasing global population, along with the rising adoption of electric vehicles, is also fueling the demand for power plants. The shift towards cleaner sources of energy such as renewables, along with the increasing concerns over carbon emissions and climate change, is also driving the demand for renewable energy-based power plants. Government initiatives and incentives to promote the adoption of renewable energy sources are further boosting the growth of the global power plant market.
High capital costs and environmental concerns act as a restraint on the Power plant market
The construction and operation of power plants require significant capital investments. The high capital costs can be a significant barrier to entry for new players in the market, and can also impact the profitability of existing players. Traditional power generation technologies such as coal and oil-fired power plants are associated with negative environmental impacts such as greenhouse gas emissions, air pollution, and water contamination. The increasing concerns over environmental degradation are pushing governments and regulators to impose stringent environmental regulations, which can increase the cost of compliance and impact the profitability of power plant operators.
The rising adoption of renewable energy will drive the Power plant market growth
The global shift towards cleaner and more sustainable sources of energy such as solar, wind, and hydropower presents a significant growth opportunity for the power plant market. The increasing adoption of renewable energy sources can drive the demand for new power plants and provide opportunities for existing players to transition toward cleaner energy sources. What is a Power Plant?
A power plant is a facility that generates electricity by converting a form of energy into electrical energy. Power plants can use various sources of energy such as fossil fuels (coal, natural gas, oil), nuclear, and renewable energy sources (solar, wind, hydro, geothermal, biomass) to produce electricity. The type of energy source used by a power plant determines the technology used to generate electricity.
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Graph and download economic data for Global price of Energy index (PNRGINDEXM) from Jan 1992 to Jun 2025 about energy, World, indexes, and price.
The average wholesale electricity price in September 2025 in Latvia is forecast to amount to ***** euros per megawatt-hour. Prices reached a high of *** euros per megawatt-hour in August 2022.
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UK Gas fell to 81.58 GBp/thm on October 10, 2025, down 1.97% from the previous day. Over the past month, UK Gas's price has risen 2.98%, but it is still 17.32% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. UK Natural Gas - values, historical data, forecasts and news - updated on October of 2025.
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Poland Retail Price: Electricity for Households, G-11 Tariff data was reported at 1.110 PLN/kWh in Feb 2025. This stayed constant from the previous number of 1.110 PLN/kWh for Jan 2025. Poland Retail Price: Electricity for Households, G-11 Tariff data is updated monthly, averaging 0.650 PLN/kWh from Jan 2010 (Median) to Feb 2025, with 182 observations. The data reached an all-time high of 1.110 PLN/kWh in Feb 2025 and a record low of 0.570 PLN/kWh in Jan 2010. Poland Retail Price: Electricity for Households, G-11 Tariff data remains active status in CEIC and is reported by Statistics Poland. The data is categorized under Global Database’s Poland – Table PL.P002: Retail Price: Non Food Products and Services.
In 2022, the average end-use electricity price in the United States stood at around 12.2 U.S. cents per kilowatt-hour. This figure is projected to decrease in the coming three decades, to reach some 11 U.S. cents per kilowatt-hour by 2050.