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17.08.2011 14:15
Central Europe: Electricity Prices Could Rise by 33%
Experts point out the nuclear shutdown as the main reason for the expected price hikes
AUTHOR: publics.bg


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According to the consultancy company A.T. Kearney, as quoted by SME by 2020 electricity prices in Central Europe could rise by over 33%. It is estimated that one MWh of electricity on the bourse in Leipzig, on which Central European electricity prices are dependent, should cost by EUR 20 more than currently. According to the European Energy Portal statistics, the average price per kWh in EU in 2010 was EUR 0.17 for households and EUR 0.10 for industry, respectively.
 
Peter Marcan, an analyst from the Slovak Institute for Energy Safety, said that it is expected that electricity prices will go up mainly due to lower volume of electricity generated from nuclear plants. In 2015 Germany should shut down more nuclear plants and will have to replace them with other sources, such as natural gas and renewables.

TAGS: EU | electricity prices | Central Europe | Slovak Institute for Energy Safety | Leipzig bourse | nuclear shutdown | Germany | renewables | gas 


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