The South China coal spot price reached an average of 120.65 U.S. dollars per metric ton in 2023. The peak price in the period of consideration was reached in 2022 at 177.78 U.S. dollars per metric ton as a result of growing energy demand when the world economy recovered from the coronavirus pandemic-induced slump.

Germany Electricity decreased 40.48 EUR/MWh or 34.98% 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 inflation rates of energy commodity prices in Germany began to significantly increase in 2021, a rise that continued throughout 2022. The gas inflation rate peaked in November 2022 at 82 percent. These increases in inflation were driven by tighter fossil fuel supplies since many economies began recovering from the coronavirus pandemic, and further worsened by supply fears following the Russia-Ukraine war. However, in 2024, the HCIP has decreased compared to the previous year.

The average wholesale electricity price in August 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.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Household Energy in U.S. City Average (CUSR0000SAH21) from Jan 1967 to Jul 2025 about energy, urban, households, consumer, CPI, inflation, price index, indexes, price, and USA.

Ireland, Italy, and Germany had some of the highest household electricity prices worldwide, as of March 2025. At the time, Irish households were charged around 0.45 U.S. dollars per kilowatt-hour, while in Italy, the price stood at 0.43 U.S. dollars per kilowatt-hour. By comparison, in Russia, residents paid almost 10 times less. What is behind electricity prices? Electricity prices vary widely across the world and sometimes even within a country itself, depending on factors like infrastructure, geography, and politically determined taxes and levies. For example, in Denmark, Belgium, and Sweden, taxes constitute a significant portion of residential end-user electricity prices. Reliance on fossil fuel imports Meanwhile, thanks to their great crude oil and natural gas production output, countries like Iran, Qatar, and Russia enjoy some of the cheapest electricity prices in the world. Here, the average household pays less than 0.1 U.S. dollars per kilowatt-hour. In contrast, countries heavily reliant on fossil fuel imports for electricity generation are more vulnerable to market price fluctuations.

Monthly average retail electricity prices by state from EIA (Residential, Commercial, All Sectors).

Graph and download economic data for Global price of Energy index (PNRGINDEXM) from Jan 1992 to Jun 2025 about energy, World, indexes, and price.

Electricity prices in Europe are expected to remain volatile through 2025, with Italy projected to have some of the highest rates among major European economies. This trend reflects the ongoing challenges in the energy sector, including the transition to renewable sources and the impact of geopolitical events on supply chains. Despite efforts to stabilize the market, prices in countries like Italy are forecast to reach ****** euros per megawatt hour by February 2025, indicating persistent pressure on consumers and businesses alike. Natural gas futures shaping electricity costs The electricity market's future trajectory is closely tied to natural gas prices, a key component in power generation. Dutch TTF gas futures, a benchmark for European natural gas prices, are projected to be ***** euros per megawatt hour in July 2025. The reduced output from the Groningen gas field and increased reliance on imports further complicate the pricing landscape, potentially contributing to higher electricity costs in countries like Italy. Regional disparities and global market influences While European electricity prices remain high, significant regional differences persist. For instance, natural gas prices in the United States are expected to be roughly one-third of those in Europe by March 2025, at **** U.S. dollars per million British thermal units. This stark contrast highlights the impact of domestic production capabilities on global natural gas prices. Europe's greater reliance on imports, particularly in the aftermath of geopolitical tensions and the shift away from Russian gas, continues to keep prices elevated compared to more self-sufficient markets. As a result, countries like Italy may face sustained pressure on electricity prices due to their position within the broader European energy market.

Italy Electricity decreased 32.79 EUR/MWh or 23.80% 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.

Provisional figures for 2023 showed that average electricity tariff prices in South Korea have reached around *** South Korean won per kilowatt-hour that year. This is an increase from figures shown for the past ten years.

Electricity prices in the U.S. have surged due to rising demand from heatwaves and data centers, alongside investments in grid infrastructure.

Estimates from the voluntary fortnightly business survey (BICS) showing the impacts of energy price rises on accommodation and the food service activities and other industries.

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.

Indonesia Electricity: Average Price: Total data was reported at 1,123.010 IDR/kWh in 2018. This records an increase from the previous number of 1,105.110 IDR/kWh for 2017. Indonesia Electricity: Average Price: Total data is updated yearly, averaging 628.140 IDR/kWh from Dec 1994 (Median) to 2018, with 25 observations. The data reached an all-time high of 1,123.010 IDR/kWh in 2018 and a record low of 154.280 IDR/kWh in 1994. Indonesia Electricity: Average Price: Total data remains active status in CEIC and is reported by State Electricity Company. The data is categorized under Global Database’s Indonesia – Table ID.RBH001: Average Price: Electricity.

France Electricity decreased 8.45 EUR/MWh or 12.10% 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.

The residential energy service market is projected to grow at a CAGR of 11.03% from a market size of 674.52 million in 2023 to reach 1,421.14 million by 2033. The growth of the market is attributed to the increasing demand for energy efficiency and optimization, smart home integration, and renewable energy generation. Government initiatives and regulations supporting renewable energy adoption and energy efficiency measures are further driving the market growth. The market is segmented by service type, customer type, and technology platform. The energy efficiency and optimization segment holds the largest share due to the growing awareness of energy conservation and the availability of advanced technologies such as smart thermostats and energy management systems. The single-family homes segment is the largest in terms of customer type, followed by multi-family homes and apartments and condominiums. The cloud-based platforms segment is expected to witness the highest growth during the forecast period due to the increasing adoption of cloud computing and the availability of scalable and cost-effective solutions. North America is the largest regional market, followed by Europe and Asia Pacific. Recent developments include: The Global Residential Energy As A Service Market is projected to reach USD 10.72 billion by 2032, exhibiting a CAGR of 11.03% during the forecast period. Increasing concerns over energy efficiency and rising electricity costs drive market growth. Government initiatives and incentives to promote energy conservation further contribute to market expansion. Recent developments include partnerships between utilities and technology providers to offer comprehensive REaaS solutions. For instance, in 2023, Enel X partnered with Honeywell to provide smart home energy management systems to residential customers. Mergers and acquisitions are also shaping the market landscape, with established players acquiring smaller companies to expand their service offerings.. Key drivers for this market are: Rising demand for energy efficiency Government incentives Increasing adoption of smart home technology Growing awareness of environmental sustainability Expansion into emerging markets.. Potential restraints include: Rising energy costs Declining renewable energy costs Government incentives and regulations Advancements in smart home technology Growing awareness of environmental sustainability..