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    Home » Electricity Prices in Europe Edge up in the First Half of 2021 as Gas Prices Falls
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    Electricity Prices in Europe Edge up in the First Half of 2021 as Gas Prices Falls

    October 20, 20211 Min Read
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    The average electricity prices for households rose slightly in the first half of the year at the EU level compared to a similar period in 2020 to €21.9 per 100-kilowatt hours.

    • Average gas prices in the EU posted the opposite trend, decreasing slightly to €6.4 per 100kWh in the first half of the current year, despite the recent increase in wholesale prices for electricity and gas across the EU.
    • The largest increases in electricity prices were recorded in Slovenia (+15%), Poland (+8%), and Romania (+7%). Household electricity prices rose in 16 member states.
    • The largest decreases were recorded in the Netherlands (-10%), followed by Cyprus (-7%) and Lithuania (-6%). The reduction in the electricity in the Netherlands was triggered by tax decreases that led to an increase in refunds.
    • Meanwhile, gas prices dropped in 20 of the 23 EU Member States in the last 12 months up to the 1H of 2021

    The largest decrease in household gas prices was reported in Lithuania (-23%), Slovakia (-10%), and Poland (-9%).

    Euro Stoxx 50 up +0.14%, EUR USD up +0.07%

    Source: Eurostat.

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