How much does natural gas cost in the EU?

Overall, in the EU, there was an upward trend in natural gas total prices in the first half of each year, from a low of €0.0562 per KWh in the first half of 2010 to a local peak of €0.0692 per KWh in the first half of 2013. Then the price decreased until 2017, started increasing again in 2018, before dropping once again in 2020.

How much does natural gas cost in Sweden?

However, natural gas use in Sweden is very limited. The average price in the EU — a weighted average using the most recent (second half of 2022) data for natural gas consumption by household consumers — was €0.1137 per KWh. Figure 2 presents the development of natural gas prices for household consumers in the EU since the first half of 2008.

How much does natural gas cost in 2022?

In the second half of 2022, the price of natural gas for household consumers increased substantially to €0.1137 per KWh, from €0.0782 per KWh the year before, reaching an all-time high since this data collection started. The weight of the taxes increased from 34 % in the first half of 2008 to 55 % in the first half of 2021.

What's going on with energy prices in Europe?

Energy prices surged in Europe after Russia halted its biggest natural gas pipeline to the continent indefinitely, plunging the region deeper into a crisis that could push major economies into recession and force rationing. Benchmark gas futures jumped as much as 35%, the most in almost six months, and electricity prices increased.