Electricity prices are twice as high as in the United States and 90% higher than in China.
EnvironmentInternational
- Error detected
- The claim states EU electricity prices are 90% higher than China's. The IEA Electricity 2026 report — the most authoritative international source — states EU prices for energy-intensive industries were 'nearly 50% above those in China' in 2025, a difference of approximately 40 percentage points from the claimed 90%.
- Omissions
- The claim does not specify which electricity price metric is used (wholesale, retail industrial, household, or energy-intensive industry tariffs). Different metrics yield significantly different EU-China ratios, ranging from ~50% (IEA, energy-intensive industries) to ~143% (BusinessEurope, general industrial).
- The IEA Electricity 2026 report was likely published in early 2026; the MEP could have had access to it by the session date of 2026-05-20, but the claim cites no source.
- The IEA notes that the EU's price disadvantage has narrowed significantly since the 2022 energy crisis peak, which is relevant context for the 'killing industry' narrative.
- Sources
- PrimaryIEA Electricity 2026 – PricesEU electricity prices for energy‑intensive industries stayed elevated in 2025, again averaging over twice US levels and nearly 50% above those in China, similar to the price ratios observed in 2024.
- PrimaryIEA – Electricity Mid-Year Update 2025By comparison, in 2019, prices in the European Union were approximately 50% higher than in the United States and 20% higher than in China [wholesale prices — the gap has widened since].
- SecondaryBusinessEurope – High cost of energyIn 2024, industrial electricity prices in the EU reached €0.199 per kWh, compared to €0.082 in China and €0.075 in the US.