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.
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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.
Low income households in Estonia may be required to use up to 25 percent of their income for energy bills in 2022, the highest share of any country in Europe. The rising inflation amid worsening energy supply issues are hitting the poorest particularly hard. In the United Kingdom, price caps (the maximum amount that energy suppliers are allowed to charge per annum) have already been raised significantly and are expected to increase further over the coming months. Here, households in the lowest 20th percentile could see around 15 percent of their income going towards covering electricity and heating costs.
As of December 2024, Guatemala had the highest household electricity price among Latin American countries, with an average of **** U.S. dollars per kilowatt-hour. Argentina reported the lowest rate among the countries displayed, at less than **** U.S. dollars per kilowatt-hour. Electricity prices across the American continent Electricity prices vary considerably across the American continent. The Caribbean country of Jamaica accounted for the highest household electricity price on the continent, after Guatemala and Uruguay, at **** U.S. dollars per kilowatt-hour. In comparison, the residential electricity price in the United States amounted to approximately **** U.S. dollars per kilowatt-hour, like in Brazil. Global electricity prices After recovering from the global energy crisis, global electricity prices fell in most countries worldwide. The wildest price spikes occurred in countries that heavily rely on fossil fuels and energy imports, like the European countries. In some cases, price caps set by governmental institutions kept domestic electricity prices under a certain threshold, such as in Brazil.
We investigate how cap-and-trade regulation affects profits. In late April 2006, the EU CO2 allowance price dropped 50 percent, equating to a €28 billion reduction in the value of aggregate annual allowances. We examine daily returns for 552 stocks from the EUROSTOXX index. Despite reductions in environmental costs, we find that stock prices fell for firms in both carbon- and electricity-intensive industries, particularly for firms selling primarily within the EU. Our results imply that investors focus on product price impacts, rather than just compliance costs and the nominal value of pollution permits.
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The global supercapacitor backup power system market is experiencing robust growth, driven by the increasing demand for reliable and efficient energy storage solutions across diverse sectors. The market's expansion is fueled by several key factors, including the rising adoption of renewable energy sources (requiring stable backup power), the growing need for uninterrupted power supply (UPS) in critical applications like telecommunications and healthcare, and the increasing miniaturization and improved performance of supercapacitors themselves. The automotive industry, particularly electric vehicles and hybrid electric vehicles, is a significant driver, leveraging supercapacitors for regenerative braking and short-term energy bursts. Furthermore, the burgeoning energy storage sector is adopting supercapacitors for grid stabilization and ancillary services, contributing to market expansion. While the initial cost of supercapacitor systems might be higher compared to traditional battery solutions, their longer lifespan, faster charging times, and superior cycle life are offsetting this disadvantage, making them increasingly attractive. Market segmentation reveals strong growth across applications, with communications, automotive, and medical sectors leading the way. Different voltage ranges also exhibit varied growth trajectories, with higher voltage systems showing greater potential in industrial applications. Geographic analysis reveals strong market presence in North America and Europe, driven by robust infrastructure development and technological advancements; however, rapid economic growth and increasing industrialization in Asia-Pacific are expected to fuel significant market expansion in this region over the forecast period. The market's restraints primarily include the relatively lower energy density compared to batteries, limiting their application in energy-intensive applications. However, ongoing technological advancements, such as the development of new electrode materials and improved manufacturing processes, are steadily improving the energy density of supercapacitors. Competition among established and emerging players is further intensifying, leading to product innovation and price reductions, making supercapacitor backup power systems more accessible and competitive. The forecast period (2025-2033) projects substantial market growth, driven by the aforementioned factors, with a projected CAGR reflecting the strong underlying market dynamics. The diverse range of applications and geographical segments provides numerous opportunities for growth and investment across the value chain.
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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.