Although wholesale electricity and gas prices have fallen considerably since the end of 2022, they are still twice as high as their historical levels, according to the European Commission in a report published on Friday 5 April on the development of energy prices and costs in the EU between 2010 and the beginning of 2023.
“The impact of higher prices on energy bills, particularly for the most vulnerable households and businesses, is still considerable”, says the report.
The average...