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Portugal had 10th most expensive electricity and 13th most expensive gas in the EU in 2021

 In Energy, News

Portugal had the 10th highest electricity costs and 13 highest gas costs in the EU according to the energy services regulator ERSR in the second half of 2021.

The data was based on statistics released by the European Statistics Office Eurostat.
“In the second half of 2021, Portugal registered lower domestic and non-domestic electricity prices in comparison to Spain, the European Union average and the average for the Euro Zone”.
In the second half of 2021, the average price of electricity in the domestic sector for the 27 countries of the EU was €0.2447 per kilowatt-hour, and in the Euro Zone €0.2569/kWh, 7% and 12% more expensive respectively than prices practised in Portugal (€0.2296/kWh).
“Spain had electricity prices that were 27% and 12% higher than prices in Portugal for the domestic and non-domestic segments respectively”, notes the ERSE, adding “the average price of electricity in Portugal rose 1.7% in the domestic segment, and 15% in the non-domestic segment compared to the like-for-like half year in 2020.
Between June and December of last year, the average price (with tariffs and taxes) in the domestic sector in Portugal (€0.2296(kWh) was the 10th most expensive of the 27 countries of the EU, Germany had the cheapest, followed by Hungary.
Regarding natural gas, in the second half of 2021, Portugal had the lowest prices both for the domestic and non domestic sectors compared to Spain and the EU and Euro Zone averages.
The average price of natural gas in the domestic sector in the 27 countries of the EU was set at €0.1063/kWh, 16% higher than the price practised in Portugal (€0.0914/kWh).
“Spain has natural gas prices that are 41% and 16% higher than prices in Portugal for the domestic and non-domestic segments respectively”, states the regulator, adding that the “average price of natural gas in Portugal in the domestic area had remained the same on the like-for-like half in 2020, but the non-domestic segment had risen 68%.”

 


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