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Germany: industry prices of natural gas 2008-2018

German industrial consumers have seen a reduction in the price of natural gas since 2008. Prices fell from 4.72 cents per kilowatt hour (kWh) in 2008, to 3.16 euro cents per kilowatt hour in 2018, for users with an annual consumption greater than 10,000 gigajoules (GJ) and lower than 100,000 GJ.

Natural gas in Germany

Natural gas plays a significant role in the German energy mix. As of 2018, the country generated 12.9 percent of their energy using natural gas as the primary fuel source. In that same year, a total of 83.4 billion kilowatt hours of electricity was generated using natural gas.

Natural gas production has reduced considerably in Germany over the past decade. In 2008, Germany produced 13.6 billion cubic meters of gas, a volume that would eventually sink to 5.5 billion cubic meters by 2018. Consumption has increased overall since 2014, rising from 73.9 billion cubic meters in 2014 and reaching 88.3 billion cubic meters by 2018.

Natural gas price for households

While industrial users have enjoyed a reduction in their natural gas bills, the same can not be said for German households. In the first half of 2010, consumers were paying 5.65 euro cents per kilowatt hour. While there has been a reduction in prices since 2013, households in Germany were still paying 6.08 cents per kilowatt hour for natural gas as of the first half of 2018.

Prices of natural gas for industry in Germany from 2008 to 2018

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Source

Release date

October 2019

Region

Germany

Survey time period

2008 to 2018

Supplementary notes

Figures excludes VAT as well as deductible taxes and other levies.

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