Spain is the fifth country with the most expensive electricity bill in Europe

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Spain consolidated coronavirus crisis as the fifth country Europe with the highest domestic electricity billThe Old Continent is surpassed only by Germany, Denmark, Belgium and Ireland, ahead of the average of its European Union (EU) and Eurozone partners.

According to data from the Eurostat community statistics office Efe consulted, prices paid by domestic consumers in Spain, whose annual consumption is between 2,500 and 5,000 kilowatt-hours (kWh), including all taxes, averaged around €0.242/kWh. since 2020.

Ignoring inflation and only the last fiscal year, the increase in gas prices and therefore spiral upwards In the wholesale electricity market, the price for these users was close to €0.257/kWh for the year as a whole.

This is 12.4% more than the average of the 27 countries that formed the European Union after the European Union left. United Kingdom (0.229 euro/kWh) and 7.15% more than states in the single currency area (0.24 euro/kWh).

However, there are five other neighboring countries where household electricity bills were also above average last year: Germany (0.321 €/kWh); Denmark (€0.317/kWh); Belgium (€0.285/kWh) and Ireland (€0.276/kWh).

On the other hand, Sweden (€0.236/kWh) and Italy (€0.231/kWh) remain below the annual average for the Eurozone, while Austria (€0.25/kWh), Cyprus (€0.214/kWh) and Portugal (€0.213/kWh), EU lagged behind.

Prices were still lower in France, where it barely touched 0.2 €/kWh (notably, it stayed at 0.198 €/kWh).

Panorama in the country of Gaul, where the cold weather and the cessation of nuclear power plant production cost the wholesale price of electricity to 3,000 Euro/megawatt hour (€/MWh).

13.3 more expensive in Spain than in 2020

Eurostat data reflects how tensions in the markets and the macroeconomic context are reflected, conditioned by the rise inflation From the last quarter of 2021affected access to electricity.

Thus, Spain is once again among the countries where electricity prices for local consumers vary the most, with kWh 13.3% more expensive than in 2020, compared to an average increase of 7.1% and 5.8% in the EU. took. in the eurozone.

It was also notable Evolution in household bills in Northern Europe, for example in Estonia and LatviaStrong demand and generation issues where kWh increased by an average of 29.1% (up to €0.163) and 15.3% (up to €0.164) respectively, compared to record levels last December as a result of strong demand.

Although the most significant increase occurred in NorwayThanks to its hydroelectric power plants, it is one of Europe’s largest powers in renewable energy and the second largest gas exporter to Europe after Russia, which supplies between 20 and 25% of the EU’s gas.

Despite this, the average price in 2021 exceeded €0.201/kWh, 50.6% more than €0.133/kWh in the previous twelve months.

As a result of Eurostat data released this week, Government sources insisted that the average electricity price paid by a standard house in Spain in 2021 is 1% less than €0.243 /kWh in 2018, if accumulated inflation is lowered. To fulfill the timely promise of the executive in this regard.

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