Why is there a price for energy in the middle of the north sea?
And why are Sweden and Norway (and Italy) zoned up? Are they the only countries to use domestic price zoning?
Edit: + Italy
lotec4 on
The false narrative that Germany has the highest electricity prices because they don’t have nuclear is obviously wrong if one bothered to actually look at the data. Lots of country’s with nuclear who pay more. Electricity is expensive the more fossil fuels you use. This is clearly visible. Germany’s gamble to go for gas while transitioning was bad but an inflexible energy source like nuclear wouldn’t have helped either. Intermittent energy sources need flexible alternatives. In 10 years this will look very different as the whole continent will be full with battery storage and countries with cheap PV and wind will outcompete everyone
OliveCompetitive3002 on
And how about the consumer prices? I don’t care what I would pay on the market. Relevant to me is the bill I pay monthly.
GrenobleLyon on
Almost true for private households consumers in France
Unfortunately wrong for french companies consuming electricity in France
I think these are electricity production cost. When you add other non-commodity costs and levies (like grid/distribution costs, green levies..), UK electricity isn’t as cheap as it’s neighbours…
Econ_Orc on
Electricity prices in Denmark is very different for private and business.
I will pay some 3-10 times as much as industry does as i can not deduct VAT and tariffs on my tax.
From 2026 i will save on the electricity bill, as the government promises a reduction in rariffs pr kWh from 0.727 ko 0.008 for a limited period if two years.
Entei_is_doge on
Wtf Italy? You’ve got so much sun! Use it!
Professor-Levant on
If you added Cyprus to the map you’d see real prices
Aeceus on
What is the UK left off this?
ThinTilla on
Just paid my bill in Belgium for oktober. 32.5€ for 66 kWh or a massive 7 x the “price” of electricity. Or €480/ MWh.
11 commenti
Why is there a price for energy in the middle of the north sea?
And why are Sweden and Norway (and Italy) zoned up? Are they the only countries to use domestic price zoning?
Edit: + Italy
The false narrative that Germany has the highest electricity prices because they don’t have nuclear is obviously wrong if one bothered to actually look at the data. Lots of country’s with nuclear who pay more. Electricity is expensive the more fossil fuels you use. This is clearly visible. Germany’s gamble to go for gas while transitioning was bad but an inflexible energy source like nuclear wouldn’t have helped either. Intermittent energy sources need flexible alternatives. In 10 years this will look very different as the whole continent will be full with battery storage and countries with cheap PV and wind will outcompete everyone
And how about the consumer prices? I don’t care what I would pay on the market. Relevant to me is the bill I pay monthly.
Almost true for private households consumers in France
Unfortunately wrong for french companies consuming electricity in France
Price is higher for them
https://energie-publique.fr/apres-2020/
France here, those ARE NOT consumer prices
I think these are electricity production cost. When you add other non-commodity costs and levies (like grid/distribution costs, green levies..), UK electricity isn’t as cheap as it’s neighbours…
Electricity prices in Denmark is very different for private and business.
I will pay some 3-10 times as much as industry does as i can not deduct VAT and tariffs on my tax.
From 2026 i will save on the electricity bill, as the government promises a reduction in rariffs pr kWh from 0.727 ko 0.008 for a limited period if two years.
Wtf Italy? You’ve got so much sun! Use it!
If you added Cyprus to the map you’d see real prices
What is the UK left off this?
Just paid my bill in Belgium for oktober. 32.5€ for 66 kWh or a massive 7 x the “price” of electricity. Or €480/ MWh.