Electricity Prices | The Highest for Households in the EU Countries with the “greenest” Energy Transition Policy

Jean-Pierre SCHAEKEN WILLEMAERS, Chairman of the Energy, Climate, and Environment Department of the Thomas More Institute

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Tribune 44 | Septembre 2014

The present note watch that EU countries whiches confront to the highest prices are precisely those are the most advanced « green energy » policies, those are precisely engaged in nuclear exit and/or engaged in ambitious low-carbon policies (even going beyond EU objectives). An interesting analysis at a time when more and more actors are questionning the energy transition policies engaged in Europe…

Despite the economic crisis, European households experienced a sharp rise of energy prices the last four years. The average price of electricity has increased of 6.6% between 2011 and 2012, preceded by another one about 6.3% between 2010 and 2011. In the EU 28, the price of electricity (included taxes) was 0.201€/kWh for the second semester of 2013, against 0.195€ in 2012 and 0.184€ in 2011. Prices are highest in Danemark (0.294€/kWh), Germany (0.252€), Cyprus (0.248€) and Ireland (0.241€). Lowest prices in the EU are in Bulgaria (0.088€), Romania (0.128€) and Hungary (0.133€).

Why is there such disparity? The present note watch that EU countries whiches confront to the highest prices are precisely those are the most advanced « green energy » policies, those are precisely engaged in nuclear exit and/or engaged in ambitious low-carbon policies (even going beyond EU objectives). An interesting analysis at a time when more and more actors are questionning the energy transition policies engaged in Europe…