Energy prices stabilized at a high level in 2024

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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 went up by 80.3%.

For electricity and gas supply, the price saw an increase of 1.6% in December 2024 compared with November 2024, while it dropped by 0.4% compared with December 2023.

Regarding the extraction of crude petroleum and natural gas, the price went up by 1.6% between November and December 2024. It increased by 7% between December 2023 and December 2024. 

Source: 
Eurostat, 20 February 2025