Wholesale electricity prices fall by over 25% in April

The price of electricity for factories in April 2022 was still 155.5% higher than in the same month last year
Wholesale electricity prices fall by over 25% in April

The fall in wholesale electricity prices last month comes as natural gas prices in Europe declined due to rising stockpiles and stable Russian supplies countered some risk on Moscow’s new payment rules.

The price of wholesale electricity for manufacturers and businesses has fallen by 25.6%, new figures from the Central Statistics Office (CSO) show.

However, despite the fall, the price of electricity for factories in April was still 155.5% higher than in April 2022.

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