Maria Grapini· S&D

Confirmed

In Europe we have higher energy prices than in the United States and China.

Omissions

• The claim does not specify whether it refers to household or industrial electricity prices; data shows industrial prices are significantly higher in the EU compared to both the US and China.
• The claim omits specific figures: EU industrial electricity prices are approximately 2.5 times higher than US prices and 2.4 times higher than Chinese prices.
• The IEA Electricity 2026 report was published after the claim date (2026-03-10), though it confirms data from prior periods.

Sources

• PrimaryInternational Energy Agency (IEA) - Electricity 2024 Executive SummaryElectricity prices for energy-intensive industries in the European Union in 2023 were almost double those in the United States and China.
• PrimaryInternational Energy Agency (IEA) - Electricity 2026 Prices AnalysisAverage EU wholesale electricity price remained the highest among the markets analysed in 2025 – roughly twice that of the United States.
• 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.
• SecondaryPrognos AG - International electricity price comparisonElectricity prices in the EU are significantly higher than in the USA and China.