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Image header Agence Europe
Europe Daily Bulletin No. 13174
Contents Publication in full By article 14 / 40
SECTORAL POLICIES / Energy

Electricity and gas prices were highest ever recorded by Eurostat in second half of 2022

Average electricity and gas prices for households in the EU continued to rise sharply in the second half of 2022 compared with the same period in 2021, Eurostat said in a publication released on 26 April. For electricity, they rose from €23.5 to €28.4 per 100 kWh. For gas, prices have increased from €7.8 to €11.4 per 100 kWh. 

Only recently have prices shown signs of stabilising, partly due to EU government policies and interventions such as reducing taxes and fees, price caps, or flat rate aid or vouchers for final consumers. 

All EU countries have introduced government allowances and subsidies or reduced taxes to mitigate high energy costs. Compared to the second half of 2021, the share of taxes in the electricity bill has therefore fallen sharply from 36% to 16% (-18.3%) and in the gas bill from 27% to 14% (-15.8%).

Electricity prices for households in the second half of 2022, compared to the same period in 2021, have increased in all Member States except Malta (-3%) and the Netherlands (-7%), due in particular to regulated prices for the former country and consumer support with lump sums and tax reductions for the latter. 

The largest increases were recorded in Romania (+112%), the Czech Republic (+97%), Denmark (+70%), Lithuania (+65%) and Latvia (+59%).

Gas prices have increased in all Member States. The largest increases were in the Czech Republic (+231%), Romania (+165%), Latvia (+157%), Lithuania (+112%) and Belgium (+102%).

To see the Eurostat publication: https://aeur.eu/f/6o7 (Original version in French by Pauline Denys)

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