Eurostat: Electricity prices for households in the EU in the second half of 2024 remained constant, while gas prices increased

Constants – to a large extent – remained average values electricity For households in the EU in the second half of 2024, with a slight reduction of EUR 28.72 per 100 kWh from 28.89 euros in the first half of 2024.Eurostat) which has given the new data today (6.5.2025).

According to Eurostat, in the second half of 2024, significant fluctuations were observed in household electricity prices among EU countries. Germany reported the highest electricity values ​​at 39.43 euros per 100 kWhfollowed by Denmark (37.63 euros) and Ireland (36.99 euros). In contrast, the lowest prices were observed in Hungary (10.32 euros), Bulgaria (12.17 euros) and Malta (EUR 13.01).

Electricity prices for households increased in Portugal (+14.2%compared to the second half of 2023), Finland (+13.6%) and France (+12.9%). Latvia showed a significant price reduction (-17,8%), the Netherlands (-14.3%) and Belgium (-12,3%).

Expressed in purchasing power units (MADs), electricity prices were the highest for households in the Czech Republic (41.00 euros), Cyprus (35.70 euros) and Germany (35.23 euros). The lowest MAD prices were observed in Malta (EUR 14.33), Luxembourg (15.39 euros) and Hungary (EUR 15.45). In Greece the corresponding electricity prices were 28.57 euros.

Regarding natural gas prices for domestic use, the second half of 2024 increased in the EU, for the first time since their retreat after the energy crisis of 2022, according to Eurostat. Average prices, including taxes, increased to EUR 12.33 per 100 kWh, from € 11.04 in the first half of the year. This is the highest recorded price since the data collection began in 2008. The increase is largely due to tax increase in many EU countries, as previous relief measures have declined.

Sweden recorded the highest gas prices for domestic use, at 18.93 euros per 100 kWhfollowed by the Netherlands (16.71 euros) and Italy (15.86 euros). In contrast, Hungary (3.20 euros per 100 kWh), Croatia (€ 4.60) and Romania (€ 5.40) reported the lowest prices.

Six EU countries showed price increases compared to the second half of 2023, which were largely due to higher taxes. On the contrary, 14 EU countries reported reductions in gas pricesmainly due to the reduced costs of energy and supply.

Expressed in purchasing power units (MADs), the highest gas prices for households were observed in Portugal (16.60), Italy (16.49) and Sweden (16.08). The lowest values ​​based on MAD were in Hungary (4.72), Luxembourg (5.57) and Croatia (6.67). In Greece the price of gas in purchasing power units were € 11.69.

Source link

Leave a Comment