Industrial electricity prices are 20 eurocents per kWh in Europe, compared with 7.5 eurocents per kWh in China.
74% confidence
EconomyEuropean Union
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The most recent Eurostat figure available before the session date is for the second half of 2025: €18.37 per 100 kWh (18.4 eurocents/kWh), not 20 eurocents; the 20-cent figure matches the 2024 annual average (€0.199/kWh).
Eurostat publishes non-household prices by annual consumption band; the EU-wide average cited by the speaker aggregates small and large industrial consumers, and prices paid by the largest energy-intensive consumers differ substantially from the headline average.
The Chinese figure (7.5 eurocents) is not published by Eurostat; the closest independent comparison found (BusinessEurope data hub, based on 2024 data) gives €0.082/kWh for China, i.e. slightly above the speaker's figure. Chinese industrial tariffs also vary by province and are often quoted excluding VAT, whereas EU invoiced prices include non-recoverable taxes and levies — a like-for-like adjustment would narrow the gap.
No source explicitly publishes a '7.5 eurocents' Chinese industrial price; the value is close to (about 9% below) the 8.2 cents reported in the comparison source.
PrimaryEurostat Statistics Explained — Electricity price statisticsElectricity prices for non-household consumers in the EU fell by 5.4% in the second half of 2025 compared to the same period in 2024 and by 3.5% from the previous half-year; the EU average price in the second half of 2025 was €0.1837 per kWh