Global household energy bill impact by energy crisis 2030, by scenario

Energy crisis such as the one unfolding in 2021, have the chance of increasing household energy bills by some 25 percent. Assuming governments continue decarbonizing the energy sector in line with already stated policies, unexpected price hikes of fossil fuel commodities such as natural gas and coal could see the average household bill in developed countries increase to close to 4,000 U.S. dollars by 2030. This compared to an average bill of some 3,200 U.S. dollars between 2016 and 2020. A net zero scenario would see energy bills less affected by disturbances of commodity prices, as the reliance on fossil fuels will have been further reduced.