Sunday, May 15, 2011

15/05/2011: Some data on electricity prices comparatives

Here is some interesting data on electricity prices comparatives from Eurostat (note: chart below refers to simple EU averages for EU27 and weighted EU averages for EU15, while table below is based solely on weighted EU15 averages):

4 comments:

RD said...

That's unbelievable.
Any idea why it has gone from nearly 23% below average in 2000 to over 25% above average in 2010???

Jason Loughrey said...

The 2010 number could actually disguise the fact that prices increased in October 2010 by about 4.6%.

The Eurostat website points out here: http://epp.eurostat.ec.europa.eu/cache/ITY_SDDS/EN/nrg_price_esms.htm

“In case of annual data (e.g. at the structural indicators tables), the price is taken for the first semester of each calender year”

Therefore the price differential growth for Ireland could be even greater.

Silver 2011 - 2012 said...

i assume its because of years of putting up the prices so the private sector would be enticed into the sector, ironically, all in the name of competitiveness.

Niall said...

I assume it’s because of years of putting up the prices to entice the private sector into the the market, ironically, all in the name of competitiveness

The ESB employs 1000's of workers, gives them stable jobs and stable income while making a large profit and having a fantastic international reputation, now they want to destroy it.