Household electricity prices rose year-on-year in the first half of 2022, from EUR 22 per to EUR 25.30 per 100 kWh on average, according to the latest report by Eurostat.
Meanwhile households across the bloc saw gas prices climb from EUR 6.40 to EUR 8.60 per 100
Wholesale electricity prices reached all-time highs in Europe in the third quarter of 2021, spiking by 211% year-on-year, the European Commission (EC) reports. In Poland, Romania, Czechia, Hungary, Slovakia and Slovenia, average monthly prices for baseload power – the permanent minimum load that a power supply system is required to deliver
For the citizens of Estonia, Lithuania and Latvia, the signs are ominous. As the Baltic countries look ahead to rising Covid-19 rates in plummeting temperatures, they are meanwhile facing soaring energy bills. The only hope for manageable energy bills is mild weather in the months ahead, representatives of electricity firms
The average price of energy for households in Budapest is 10.63 eurocents / kWh, which ranks the Hungarian capital first – the cheapest – among the EU capitals. Electricity prices were even lower in Belgrade, Serbia. The highest prices among EU capitals were registered in Copenhagen and Berlin, with rates three times