Graph and download economic data for Manufacturing Sector: Energy Costs (MPU9900641) from 1987 to 2023 about cost, energy, sector, manufacturing, and USA.

United States - Manufacturing Sector: Cost of Energy was 86.27500 Bil. of Current $ in January of 2023, according to the United States Federal Reserve. Historically, United States - Manufacturing Sector: Cost of Energy reached a record high of 144.80500 in January of 2008 and a record low of 59.18000 in January of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Manufacturing Sector: Cost of Energy - last updated from the United States Federal Reserve on October of 2025.

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 still have not returned to pre-pandemic levels, such as in countries like Italy, where prices are forecast to reach ****** euros per megawatt hour in August 2025. 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. As of August 2025, electricity prices in Italy have decreased to ****** euros per megawatt hour, reflecting ongoing volatility in the market.

In September 2024, industrial electricity prices in the European countries of Germany, Italy, and the United Kingdom were among the highest in the world, at around **** U.S. dollars per kilowatt-hour. Singapore was the Asian country with the highest electricity bill worldwide at that time. Lowest electricity prices in the world The average retail electricity price in the United States was considerably lower than in most of Europe. Iceland was the European country with one of the lowest electricity bills for enterprises that month. At the bottom of the ranking were also Russia, Iraq, Qatar, Argentina, and Libya. In these countries, commercial electricity prices amounted to less than *** U.S. dollars per kilowatt-hour. Household electricity prices In addition, European countries had the highest household electricity prices worldwide that month, with Italy at the top of the ranking. By comparison, Iran and Ethiopia had the lowest residential electricity prices in the world.

US Energy Secretary identifies surging electricity prices as a top concern, with a 10% increase already seen and a further 5.8% rise projected, driven by high demand from data centers and manufacturing.

Graph and download economic data for Wood Products: Energy Costs (MPU5000641) from 1987 to 2023 about cost, wood, energy, durable goods, production, goods, manufacturing, 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.

United States Industrial Production Nowcast: sa: YoY: Contribution: Energy Prices data was reported at 2.680 % in 12 May 2025. This stayed constant from the previous number of 2.680 % for 05 May 2025. United States Industrial Production Nowcast: sa: YoY: Contribution: Energy Prices data is updated weekly, averaging 3.058 % from Feb 2020 (Median) to 12 May 2025, with 273 observations. The data reached an all-time high of 82.465 % in 11 Sep 2023 and a record low of 0.087 % in 08 Feb 2021. United States Industrial Production Nowcast: sa: YoY: Contribution: Energy Prices data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s United States – Table US.CEIC.NC: CEIC Nowcast: Industrial Production.

Norway Energy Cost: SIC 2007: Manufacturing (Mfg) data was reported at 19,597.000 NOK mn in 2017. This records an increase from the previous number of 17,949.000 NOK mn for 2016. Norway Energy Cost: SIC 2007: Manufacturing (Mfg) data is updated yearly, averaging 17,949.000 NOK mn from Nov 2003 (Median) to 2017, with 15 observations. The data reached an all-time high of 20,763.000 NOK mn in 2011 and a record low of 11,681.000 NOK mn in 2003. Norway Energy Cost: SIC 2007: Manufacturing (Mfg) data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.RB005: Energy Cost.

Industrial electricity prices including electricity tax reached ***** cents per kilowatt-hour in Germany, as of March 2025. Figures fluctuated during the specified timeline. The largest share of industrial electricity costs was due to energy procurement, network charges and distribution.

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.

This statistic represents electricity prices for customers in the steel manufacturing industry in selected countries as of 2013. In terms of taxes, fees and surcharges, German customers paid **** euro cents per kilowatt hour.

Graph and download economic data for Paper Products: Energy Costs (MPU5650641) from 1987 to 2023 about cost, paper, nondurable goods, energy, production, goods, manufacturing, and USA.

Graph and download economic data for Producer Price Index by Industry: Communication and Energy Wire and Cable Manufacturing (PCU3359233592) from Dec 2003 to Aug 2025 about wired, communication, energy, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

Using the previous dataset at an energy cost optimization considering the presence of an energy buyer is proposed to validate the scheduler’s ability to maximize profits while also minimizing energy costs. The scenario considers an added sales value corresponding to 50% of the buying. For this scenario, the genetic algorithm was executed for 2 hours, with 1 and 0 for the optimization weights total cost and machine occupancy deviation, respectively.

File Description:

Input_JSON_Energy_Cost_Energy_Selling_Optimization - JSON input data for the energy cost optimization with energy selling

Output_JSON_Energy_Cost_Energy_Selling_Optimization - JSON output data for the energy cost optimization with energy selling

Output_Statistics_Energy_Cost_Energy_Selling_Optimization - Excel output energy cost optimization with energy selling statistics

Graph and download economic data for Machinery: Energy Costs (MPU5200641) from 1987 to 2023 about cost, energy, machinery, durable goods, production, goods, manufacturing, and USA.

United States Industrial Production Nowcast: sa: YoY: Contribution: Energy Prices: Crude Oil: Spot Price: Europe Brent data was reported at 0.215 % in 12 May 2025. This stayed constant from the previous number of 0.215 % for 05 May 2025. United States Industrial Production Nowcast: sa: YoY: Contribution: Energy Prices: Crude Oil: Spot Price: Europe Brent data is updated weekly, averaging 0.132 % from Feb 2020 (Median) to 12 May 2025, with 273 observations. The data reached an all-time high of 81.519 % in 11 Sep 2023 and a record low of 0.000 % in 14 Apr 2025. United States Industrial Production Nowcast: sa: YoY: Contribution: Energy Prices: Crude Oil: Spot Price: Europe Brent data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s United States – Table US.CEIC.NC: CEIC Nowcast: Industrial Production.