Energy prices in the EU are significantly higher than in the rest of the world due to the Green Deal
82% confidence
EconomyEuropean Union
Omissions
The price gap between EU and US/China energy prices existed before the Green Deal (which started in 2019/2020)
Industrial electricity prices in the EU are driven by multiple factors including taxes, levies, network costs, and historical energy infrastructure, not just climate policies
The BusinessEurope data cited is from 2024, which predates the session date but represents the most recent available comparison data
Recent data from the first half of 2025 shows EU wholesale electricity prices averaged USD 90/MWh, about 30% higher than the same period in 2024
The claim omits that household electricity prices vary significantly across EU member states (from €6.2 to €38.4 per 100 kWh in H1 2025)
The causal attribution to the Green Deal is simplified - energy price differentials between EU and US/China have existed for decades due to structural factors
Sources
PrimaryIEA - Electricity Mid-Year Update 2025In the European Union, wholesale electricity prices averaged around USD 90/MWh in the first half of 2025, about 30% higher compared to the same period in 2024
PrimaryEurostat - Electricity price statisticsElectricity prices for non-household consumers in the EU rose by 0.9% in the first half of 2025 compared to the same period in 2024
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