Wholesale gas prices continue to fall in the EU but electricity prices end their decreasing trend in some countries

19/09/2016

The downward trend of wholesale energy prices continued in most of the EU in 2015, according to the latest ACER/CEER Market Monitoring Report, whose wholesale volumes were published today. The results will be discussed with stakeholders in a workshop next week in Ljubljana, which given the interest raised, will be accessible remotely via adobe connect. Find out more about the workshop here.
Gas prices decreased across Europe as a result of declining oil prices, a greater availability of gas and increased gas-to-gas competition. For the first time since 2008 average electricity prices increased in a few countries in 2015; however overall prices remained far below 2008 levels. In some countries this can be explained by a high share of renewable energy and overcapacity in generation.
Find out more on the findings within ACER press release​.