Average household electricity prices in the EU rose sharply in the second half of 2022, according to a Eurostat – reported by MTI. According to the statistical office of the European Union, while in the same period of 2021, 100 kilowatt-hours of electricity cost 23,5 euros, while in the second half of 2022, it cost 28,4 euros. 

Eurostat's report shows that Hungary had the lowest electricity prices in the EU in the second half of 2022, with electricity prices in Hungary at EUR10,8, followed by Bulgaria (EUR11,5) and Malta (EUR12,8). The highest prices were paid in Denmark (EUR58.7), Belgium (EUR44.9) and Ireland (EUR42.0).

Nuclear energy plays an important role in price stability. The price of fuel represents a small share of the unit cost of electricity produced in nuclear power plants, less than 10%, so that changes in the market price of uranium have only a minor impact on the cost of electricity produced in a nuclear power plant.