Azerbaijan, Bulgaria, Hungary, Romania and Slovakia have signed a Memorandum of Understanding on the supply of Azerbaijani natural gas to Central Europe through the so-called Solidarity Ring.Continue reading
In the second half of 2022, the average household electricity price in the European Union was lowest in Hungary at 10.8 euros per 100 kWh.
The average household gas price was also lowest at 3.5 euros per 100 kWh, Eurostat said on Wednesday.
The EU average for household electricity prices was 28.4 euros per 100 kWh, and the average gas price was 11.4 euros per 100 kWh. In regional terms, the average household electricity price was 16.4 euros per 100 kWh in Poland, 18.8 euros per 100 kWh in Slovakia, and 38.4 euros per 100 kWh in the Czech Republic.
The average household gas price was 5.0 euro per 100 kWh in Slovakia, 5.5 euro per 100 kWh in Poland, and 19.0 euro per 100 kWh in the Czech Republic.
The largest increases in household electricity prices were recorded in Romania (112 percent), the Czech Republic (97 percent), Denmark (70 percent), Lithuania (65 percent), and Latvia (59 percent). The lowest price increases were recorded in Luxembourg (3 percent), Austria and Germany (both 4 percent), and Poland and Bulgaria (both 5 percent).
Featured photo via Pixabay