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.

Energy Prices In the Euro Area increased to 143.69 points in June from 143.35 points in May of 2025. This dataset includes a chart with historical data for Euro Area Energy Prices.

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.

In most European cities, energy prices constituted the main share of the residential end-user electricity price in February 2024. Energy price shares are among the highest in the capital cities of Cyprus, Malta, and Ireland, which are largely reliant on energy imports. Copenhagen, Stockholm, and Brussels account for the largest share of energy taxes in the region. In the Danish capital, for instance, energy taxes -including VAT- represented ** percent of the residential electricity price. Household electricity prices around the world Italy and Germany have some of the highest electricity prices in the world. Heavily reliant on natural gas imports, these two countries were profoundly stricken by the 2022 energy crisis. Overall, Western Europe is the most expensive region for household power purchases, while many large energy producing countries such as Russia and Saudi Arabia offer their residents the cheapest average rates. Heating gas prices in European cities In terms of residential use gas prices in Europe, Stockholm was the most expensive city in January 2024. Inhabitants of Sweden's capital paid for gas nearly ** percent more than consumers in Bern, Switzerland, which ranked second. Imports dominate Sweden's gas supply.

In January 2019 the European Commission published the third report on energy prices and costs in Europe. Published every two years, this most recent report finds that wholesale energy prices have fallen in recent years due to increasing competition on wholesale markets from greater amounts of renewable energy, improved interconnections and a more integrated internal electricity market.

The report also highlights how these lower supply costs, together with stable network tariffs, taxes and levies, enabled household electricity prices to fall in 2017 for the first time since 2008. However, the report also warns of the EU's ongoing high exposure to volatile and growing fossil fuel prices and notes that wholesale prices have started to rise again. Future electricity production costs are expected to increase for fossil fuel-generated electricity (due to import prices and the carbon price) and fall for renewables (linked to the decreasing costs of investment as technologies evolve), with the report suggesting that that electricity market prices could reduce the need for subsidising renewable energy technologies by 2030.

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.

This table contains consumer prices for electricity and gas. Weighted average monthly prices are published broken down into transport rate, delivery rates and taxes, both including and excluding VAT. These prices are published on a monthly basis. The prices presented in this table were used to compile the CPI up to May 2023. Prices for newly offered contracts were collected. Contract types that are no longer offered, but have been in previous reporting periods, are imputed. The average can therefore diverge from the prices paid for energy contracts by Dutch households.

Data available from January 2018 up to May 2023.

Status of the figures: The figures are definitive.

Changes as of 17 July 2023: This table will no longer be updated. Due to a change in the underlying data and accompanying method for calculcating average energy prices, a new table was created. See paragraph 3.

Changes as of 13 February: Average delivery rates are not shown in this table from January 2023 up to May 2023. With the introduction of the price cap, the average energy rates (delivery rates) of fixed and variable energy contracts together remained useful for calculating a development for the CPI. However, as a pricelevel, they are less useful. Average energy prices from January 2023 up to May 2023 are published in a customized table. In this publication, only data concerning new variable contracts are taken into account

When will new figures be published? Does not apply.

The report on energy prices and costs gives the latest picture available of the state of energy prices in electricity, gas and in the oil products sectors through extensive ad hoc data collection undertaken with Member States’ statistical offices.

Nearly ** percent of Hungarians found increasing energy prices in the European Union very concerning as of 2021. Only **** percent of the respondents was not concerned about the issue.

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.

This table contains information on energy prices from 1905 to 2003. Data available: 1905 to 2003. Frequency: Every five years to 1935, annually from 1935. Status of the figures: The figures are final. The publication is in the archive. This means that the figures are not updated. Changes compared to the previous version: Previously, the figures on the history of energy prices were included in the StatLine table History of energy and water. This table has been split into several smaller tables, including this table.

DOI Abstract copyright UK Data Service and data collection copyright owner. The International Energy Agency (IEA) World Energy Prices database includes annual energy prices data for gasoline, automotive diesel, electricity and other products.Energy prices are a significant part of our domestic expenditures, play an important role for industrial competitiveness and influence energy consumption patterns. End-use prices-paid by final consumers- are affected by movements in commodity markets as well as policy decisions. As countries move away from regulated pricing, monitoring energy end-use prices around the world has become increasingly important for analysts and policy makers. World Energy Prices aims to serve this purpose by being the most reliable database that uses official sources with transparent and documented methodologies for each country. Main Topics: Topics covered include:ElectricityTransportTransport FuelsConsumer Price IndicesOther products Aggregation 1969 2022 AGRICULTURE Afghanistan Albania Algeria Andorra Angola Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan BOILERS Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bosnia and Herzegovina Botswana Brazil Brunei Darussalam Bulgaria Burkina Faso Burundi CALORIES CHEMICALS COAL CONSTRUCTION ENGINE... CONSUMPTION Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Rep... Chad Channel Islands Chile China Colombia Comoros Congo Costa Rica Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic ELECTRIC POWER ENERGY EXPORTS AND IMPORTS Ecuador Egypt El Salvador Energy and natural ... Equatorial Guinea Estonia Ethiopia Europe European Union Coun... FISHING INDUSTRY FOOD FORESTRY FOSSIL FUELS Faroe Islands Finland France GAS FUELS GEOTHERMAL ENERGY Gabon Gambia Georgia Germany October 1990 Ghana Gibraltar Greece Grenada Guatemala Guinea Guinea Bissau HEATING SYSTEMS HYDROPOWER Honduras Hong Kong Hungary INDUSTRIAL PLANTS INDUSTRIAL PRODUCTION INDUSTRIES IRON Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Jamaica Japan Jordan Kazakhstan Kenya Kosovo Kuwait Kyrgyzstan LEATHER Latvia Lebanon Lesotho Liberia Lithuania Luxembourg MACHINES MARKETING METALS MINERALS MINING Macao Macedonia Madagascar Malawi Malaysia Mali Malta Mauritania Mauritius Mexico Moldova Montenegro Morocco Mozambique Multi nation NUCLEAR ENERGY Namibia Nepal Netherlands New Zealand Nicaragua Niger Nigeria Norway PAPER PEAT PETROLEUM PRODUCTS PRODUCTION PUBLIC SERVICES PUMPS RAILWAY TRAVEL RENEWABLE ENERGY RESIDENTIAL BUILDINGS ROAD TRAFFIC ROADS Romania Russia Rwanda SHARES SOLAR ENERGY Saint Lucia Saint Martin Saint Vincent Saotome Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Slovakia Slovenia Solomon Islands Somalia South Africa South Korea Spain Sri Lanka Sudan Surinam Swaziland Switzerland TEXTILE INDUSTRY TEXTILE PRODUCTS TOBACCO TRANSPORT Tajikistan Tanzania Thailand Togo Trinidad and Tobago Turkey Turkmenistan Uganda Ukraine United Kingdom United States Uruguay Uzbekistan Vanuatu Venezuela Vietnam Virgin Islands USA WASTES WAXES WIND ENERGY WOOD Zambia Zimbabwe

The harmonized index of consumer prices (HICP) for energy in the European Union climbed to almost 170 index points in October 2022. This was followed by a slight decrease in 2023 and 2024. Over the past four years, there has been a notable fluctuation in energy prices. In late 2021 and early 2022, rising fuel demand and the sanctioning of Russian fossil fuel imports brought about a rise in energy prices. This has also been reflected in the global weighted price index of energy.

This table contains consumer prices for electricity and gas. Weighted average monthly prices are published broken down into transport rate, delivery rates and taxes, both including and excluding VAT. These prices are published on a monthly basis.

Data available from: January 2021

Status of the figures: When first published, the figures are provisional. These will become definitive with the following month’s publication.

Changes compared with previous version: Data on the most recent period have been added and/or adjustments have been implemented.

When will new figures be published? New figures will usually be published between the first and second Thursday of the month.

Energy prices on the markets are an important indicator of the current market and supply situation in Europe and Switzerland. Supply (production) is combined here with demand (consumption) and ultimately results in a price for a specific energy product. There are markets for different products. The spot markets give short-term signals from the market: the "Day Ahead" market indicates the wholesale price for the following day. The "Base" product prices indicate the arithmetic mean of the prices for a delivery in the following 24 hours. In intraday trading, energy is bought and sold for delivery on the same day. This data collection provides information on various energy sources. These include electricity (power), gas, heating oil, diesel and petrol. Different data are used for this purpose. For electricity and gas, data from the stock exchanges are used. In contrast to electricity prices, the data on gas prices are referenced to a base year, as licensing issues still need to be clarified. Other price data is obtained from the Federal Statistical Office. However, the prices for electricity and gas do not directly result in the end consumer price that private and commercial customers pay to their local energy supply company. These end-customer prices depend, among other things, on the procurement strategy (long-term purchases or short-term purchases on the market) of the local energy supply company. In the case of electricity, the end-user price also depends on the share of electricity produced in the utility's own power plants, the quality of the electricity (renewable or not), the grid costs and levies. The national consumer price index (CPI) is decisive for end customer prices. It measures the price development (inflation) of goods and services that are important for private households (basket of goods). It shows by how much consumer goods have become more expensive compared to the previous month, the previous year or any other earlier point in time. The index is based on December 2020. The price development is measured on the basis of the basket of goods, which also includes the most important energy sources - i.e. also electricity. The calculation methodology is managed by the Federal Statistical Office.

Abstract copyright UK Data Service and data collection copyright owner. The International Energy Agency (IEA) datasets published by the Energy Statistics Division (ESD) contain annual, quarterly and monthly time series data from 1960 onwards on energy production, trade, stocks, transformation, consumption, prices and taxes as well as on greenhouse gas emissions for the OECD Member countries and non-OECD countries world-wide. In OECD Member countries the data is collected by official bodies (most often the national statistics office in each country) from firms, government agencies and industry organisations and are then reported to the IEA using questionnaires to ensure international comparability. In non-OECD countries the data is collected directly from government and industry contacts and from national publications. The International Energy Agency (IEA) Energy Prices and Taxes database contains a major international compilation of energy prices at all market levels: import prices, industry prices and consumer prices. The statistics cover import costs and export prices of main petroleum products, natural gas and coal in Organisation for Economic Co-operation and Development (OECD) countries. End-user prices and taxes for selected petroleum, gas and coal products as well as for electricity are provided for industry, electricity generation and households for OECD countries and a selection of non-OECD countries. Full notes on sources and methods and a description of price mechanisms in each country are included. Time series availability varies with each data series. In general, end-user prices and taxes start in 1978, import costs in 1980 and spot prices in 1982. This database is updated by the IEA in January, April, July and October of each year. These data were first provided by the UK Data Service in June 2005 and is updated quarterly.

Introduction of a power generation price cap across Europe for combined cycle gas turbine (CCGT) power plants could result in a considerable decrease in European energy bills. In a price cap scenario, the total increase in European energy bills in 2022 compared to the previous year is estimated to total *** billion euros. Meanwhile, an increase in energy bills of more than *** billion euros is the estimated result when no price cap is introduced.