Energy prices in Europe are the highest in the world.

Error detected

The claim asserts that European energy prices are 'the highest in the world' in absolute terms. Available data shows this is incorrect for electricity: Bermuda has the highest residential electricity prices globally ($0.466/kWh), and Oceania has the highest business electricity prices ($0.266/kWh). Europe ranks very high but not first.

Omissions

• The claim refers broadly to 'energy prices' without specifying whether it means electricity, natural gas, petrol, or a composite index, making precise verification across all energy types difficult.
• Europe is not a single market for energy prices; there is enormous variation across member states, from €6.2 per 100 kWh in Turkey to €38.4 in Germany (H1 2025).
• The MEP did not cite any source for the claim, and no single metric unequivocally places Europe at the top globally.

Sources

• PrimaryEurostatIn the second half of 2025, electricity prices including taxes for household consumers in the EU averaged €0.2059 per kWh. Prices were highest in Ireland (€0.2552 per kWh), Cyprus (€0.2429 per kWh) and Germany (€0.2264 per kWh).
• SecondaryStatistaIn September 2025, Bermuda recorded the highest household electricity prices worldwide, followed by Ireland, Germany, and Belgium.
• SecondaryVisual CapitalistBermuda has the world's highest residential electricity prices at $0.466 per kWh, while Iran has the lowest at just $0.003.
• SecondaryGlobalPetrolPrices.comThe highest business electricity prices are in Oceania at USD 0.266 per kWh and the lowest prices are in Africa (0.133) and Asia (0.107). The average electricity price in the world is USD 0.176 kWh for residential users.