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 June of 2025.

German industrial electricity costs are made up of several components. The largest of these is a combination of energy procurement, network charges, and distribution. Thus far in 2024, this accounted for around ** percent of costs.  What is industrial electricity? Industrial electricity is an extremely broad field, covering electrical power used in production and manufacturing. These are industrial processes. Industrial electrical systems are considerably more complex than those used for residential and commercial purposes, as industrial use by definition includes different types and volumes of demand, operation, and maintenance. Systems in residential buildings require less voltage and are developed for smaller spaces. Commercial electricity is used to power the work of businesses and commercial real estate. Rising electricity prices have been an issue for industries, businesses, and private households around the world since the global energy crisis. As of 2023, commercial electricity prices were noticeably higher than industrial.   Electricity generation in Germany Various energy sources are used to generate electricity in Germany. Not all of them are renewable, or at least the complete energy transition has not happened yet. The leading sources used for electricity generation are wind, lignite (brown coal), and natural gas. Domestic production figures for the latter have been decreasing, thus consequently making Germany reliant on gas imports from other countries. 

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 forecasted 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 April 2025. This represents an increase of about ** euros compared to the previous year, suggesting that gas prices will continue to influence electricity rates across Europe. 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.

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.

Graph and download economic data for Producer Price Index by Commodity: Inputs to Industries: Net Inputs to Mining and Oil and Gas Field Machinery Manufacturing Industry, Goods Less Foods and Energy (WPUIP33313013) from Apr 2014 to May 2025 about core, machinery, oil, mining, gas, goods, commodities, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

The price index of energy inputs by the manufacturing industry in the U.S. presented a trend of growth in the period of consideration, despite some fluctuation. In 2020, the price index for this industry stood at around 96.9, compared with 53.9 in 2000.

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.

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 Electricity Price: excl Taxes: Manufacturing excl Energy Intensive Manufacturing: Variable Price Contracts data was reported at 42.600 Ore/kWh in Mar 2018. This records an increase from the previous number of 36.700 Ore/kWh for Dec 2017. Norway Electricity Price: excl Taxes: Manufacturing excl Energy Intensive Manufacturing: Variable Price Contracts data is updated quarterly, averaging 32.600 Ore/kWh from Mar 2012 (Median) to Mar 2018, with 25 observations. The data reached an all-time high of 42.600 Ore/kWh in Mar 2018 and a record low of 22.300 Ore/kWh in Sep 2015. Norway Electricity Price: excl Taxes: Manufacturing excl Energy Intensive Manufacturing: Variable Price Contracts data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.P004: Electricity Price: End Users: by Type of Contract.

Graph and download economic data for Producer Price Index by Industry: Other Communication and Energy Wire Manufacturing: Primary Products (PCU335929335929P) from Dec 2003 to May 2025 about communication, wired, primary, 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 Petroleum and Coal Products: Energy Costs (MPU5750641) from 1987 to 2023 about coal, petroleum, cost, nondurable goods, energy, 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.

Venezuela Production Cost data was reported at 7.650 USD/BOE in 2016. This records a decrease from the previous number of 10.680 USD/BOE for 2015. Venezuela Production Cost data is updated yearly, averaging 4.340 USD/BOE from Dec 1996 (Median) to 2016, with 21 observations. The data reached an all-time high of 18.050 USD/BOE in 2014 and a record low of 0.930 USD/BOE in 2005. Venezuela Production Cost data remains active status in CEIC and is reported by Petroleos de Venezuela S.A.. The data is categorized under Global Database’s Venezuela – Table VE.RB011: Energy Overview: Price and Production Cost.

Access monthly energy price assessments for Germany, featuring Electricity and other key energy commodities. Coverage includes 10-year price history, current values, short-term forecasts, and market trends. Updated on the 3rd business day of each month, the data offers insights on prices, supply, demand, production, and trade. Available via PDF reports, Excel Add-In, Power BI, and API. Coverage for Mexico and over 30 other countries is included in Intratec Energy Prices & Markets. Free preview available.

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.

Norway Electricity Price: excl Taxes: Energy Intensive Manufacturing data was reported at 32.200 Ore/kWh in Sep 2018. This records an increase from the previous number of 30.900 Ore/kWh for Jun 2018. Norway Electricity Price: excl Taxes: Energy Intensive Manufacturing data is updated quarterly, averaging 29.700 Ore/kWh from Mar 2012 (Median) to Sep 2018, with 27 observations. The data reached an all-time high of 32.200 Ore/kWh in Sep 2018 and a record low of 23.300 Ore/kWh in Jun 2012. Norway Electricity Price: excl Taxes: Energy Intensive Manufacturing data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.P004: Electricity Price: End Users: by Type of Contract.