Spain has the lowest energy prices in Europe.
EconomySpain
- Error detected
- Spain does not have the lowest energy prices in Europe. For household electricity, Hungary and several other Eastern European countries have lower prices. For wholesale electricity, the Nord Pool region (Nordic/Baltic countries) and France have lower prices than Spain.
- Omissions
- The MEP did not specify which energy price metric is being referenced (household electricity, industrial electricity, wholesale electricity, natural gas, or a composite index). The ranking varies significantly by metric.
- Spain does have genuinely low energy prices compared to the EU average — wholesale electricity prices were approximately 32% below the EU average in H1 2025 — but not the lowest.
- The original spoken text adds 'because they don't use gas,' which is factually incorrect: Spain is a major consumer and importer of natural gas, using it extensively for electricity generation and heating.
- Sources
- PrimaryRed Eléctrica de España (REE) — Spanish Electricity SystemSpain recorded the third-lowest electricity prices in Europe in 2025, behind Nord Pool and France. The country registered the lowest prices in April, May, and [some months].
- PrimaryEurostat — Household electricity prices H1 2025Germany reported the highest electricity prices in the first semester of 2025, at €38.35 per 100 kWh, followed by Belgium (€35.71) and Denmark. The lowest prices were recorded in Hungary, Bulgaria, and Malta.
- SecondaryEuronewsAmong EU members, Hungary (€10.4) had the lowest electricity price, while Spain (€26.1) and France (€26.6) remained below the EU average.