Energy

Energy prices stabilised at a high level in 2024

Energy prices stabilised at a high level in 2024

In December 2024, the domestic producer price for energy in the EU increased by 1.3% compared with the previous month, while it decreased by 1.4% compared with December 2023. However, between January 2021 and December 2024, the price ...

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Share of renewables in transport rose in 2023

Share of renewables in transport rose in 2023

In 2023, the share of renewable energy sources in transport reached 10.8% at EU level, a 1.2 percentage points (pp) increase from 2022 (9.6%). This share was 18.2 pp lower than the 29% target for 2030 on the use of energy from renewable ...

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EU primary energy consumption decreased by 4% in 2023

EU primary energy consumption decreased by 4% in 2023

In 2023, primary energy consumption in the EU reached 1 211 milliontonnes of oil equivalent (Mtoe), a 3.9% decrease compared with 2022. Data show that in 2023, the EU continued moving closer to the 2030 target of 992.5 Mtoe, with the ...

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Renewables account for 24.5% of EU energy use in 2023

Renewables account for 24.5% of EU energy use in 2023

In 2023, 24.5% of gross final energy consumption in the EU came from renewable sources, up by 1.4 percentage points compared with 2022. This share is 18 percentage points (pp) short of meeting the 2030 target (42.5%), which would ...

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Tax hikes hinder gas price drop, raise electricity costs

Tax hikes hinder gas price drop, raise electricity costs

In the first half of 2024, average household electricity prices in the EU recorded a small rise compared with the second half of 2023, from €28.3 per 100 kWh to €28.9 per 100 kWh. Despite reductions in the cost of energy, supply and ...

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