EU electricity, gas prices reached record highs in 2022 – Region, 26 April 2023

According to data published by Eurostat, electricity and gas prices hit record highs in EU countries in the second half of 2022.

In the second half of last year, the average amount paid for 100 kWh of electricity in households in European Union countries broke a record at 28.4 euros. In 2021, EU households paid much less – 23.5 euros per 100 kWh.

Among EU member states, the cheapest electricity was in Hungary at 10.8 euros per 100 kWh, followed by Bulgaria with 11.5 euros, Malta with 12.8 euros and the Netherlands with 13.5 euros.

Denmark paid the most for electricity at 58.7 euros per 100 kWh, followed by Belgium with 44.9 euros, Ireland with 42 euros and Czechia with 38.4 euros. Romania was the country that experienced the highest electricity price increase – 112 %. The lowest price increases were recorded in both Poland and Bulgaria – 5 %.

In the second half of last year, the average price paid for 100 kWh of natural gas for households in the EU was 11.4 euros, compared to 7.8 euros in the same period in 2021.

Swedish households paid the highest amount for household natural gas at 27.5 euros per 100 kWh. The most affordable natural gas was consumed in Hungary, where households paid an average of 3.5 euros per 100 kWh.

Natural gas prices increased across the board in 27 EU member states, with the highest gas price increase in Czechia – 231 %. The lowest price increase was in Croatia – 14 %.

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