Poland: industrial prices for electricity 2000-2018

In 2018, electricity prices for the industry in Poland came close to nine euros per kilowatt-hour. Although a record 9.83 euros was recorded in 2010, the price of one kilowatt-hour of electricity has been on an upward trend since 2016.

Electricity prices in households in Poland

The energy intensity of enterprises in Poland is one of the higher in the European Union and much higher than in Western European countries. Companies are not able to compensate for rising energy prices in the prices of their products. Therefore, they are forced to look for other alternatives. Rising prices of electricity for the industry are pushing entrepreneurs not only to save energy but also to look for their own sources of energy production, which would ultimately improve energy efficiency and reduce operating costs for many enterprises. Electricity prices for households in Poland amounted to 13.43 euros per kilowatt-hour in the first half of 2019. The low prices were mainly the result of the government's freezing of electricity prices to final recipients. However, the government is planning to increase energy prices from 2020. This will mean an increase in the cost of living for the average citizen. Not only will energy prices rise, but also the prices of goods and services dependent on energy.

Wholesale electricity prices in Poland

Wholesale electricity prices in Poland are among the highest in Central and Eastern Europe. Prices ranged from 184.8 zloty per megawatt-hour to 266.22 zloty per megawatt-hour in 2019. The increase in wholesale electricity prices is mainly due to the price of coal. Coal is the primary fuel used to produce energy in Poland. In 2019, 77 TWh of power was produced from hard coal and 43 TWh from lignite. Another reason for higher energy prices is the rising price of CO2 emission allowances and the expected increase in generation capacity in the heating sector.

Prices of electricity for industry in Poland from 2000 to 2018 (in euro cents)*

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Source

Release date

September 2019

Region

Poland

Survey time period

2000 to 2018

Supplementary notes

*The source notes that the data excludes VAT as well as deductible taxes and other levies. The numbers are based on a consumption of 2,000 megawatt hours. From 2008 onwards the numbers are based on a consumption between 500 megawatt hours and 2,000 megawatt hours.

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