Latest Pan-European market monitoring report highlights new gas and electricity trends in the Energy Community

30 October 2019

The Annual Report on the Results of Monitoring the Internal Electricity and Natural Gas Markets was released today by the EU Agency for the Cooperation of Energy Regulators (ACER) and the Council of European Energy Regulators (CEER). For the third time in a row, the report covers electricity and gas market trends in the Energy Community Contracting Parties based on data provided by the Contracting Parties’ national regulatory authorities. 

Average electricity prices for households in the Contracting Parties, excluding Ukraine, increased by 15% in 2013–2018. Ukraine registered an increase of 41% during the same period. Nevertheless, the average end-user electricity household prices in the Contracting Parties, excluding Ukraine, were almost 2.7 times lower than in the European Union due to continued end-user price regulation. With respect to industry, where wholesale market developments are followed already for several years, the average end-user prices were almost on par with the EU.

Average household gas prices in the Energy Community, excluding Ukraine, decreased by 27% between 2013 and 2018, and were 2.9 times lower than in the European Union. In Ukraine, household gas prices increased by approximately 160% during the same period due to the country’s agreement with the International Monetary Fund. 

Over the same period, industry gas prices decreased in all Contracting Parties, by 40% in Ukraine and by 25% on average in the rest of the Energy Community. The average end-user industry price in the European Union and in the Energy Community were almost on the same level in 2018.