German industrial consumers have seen a reduction in the price of natural gas since 2010. Prices fell from 3.82 cents per kilowatt hour (kWh) in 2010, to 3.19 euro cents per kilowatt hour in 2021, 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 2019, the country generated 14.9 percent of their energy using natural gas as the primary fuel source. In that same year, a total of 90.5 terawatt hours of electricity was generated using natural gas. However, domestic natural gas production has been reduced considerably in Germany over the past decade. In 2008, Germany's natural gas production stood at 13.6 billion cubic meters, a volume that would eventually sink to 5.3 billion cubic meters by 2019.
Natural gas price for households
However, while prices for the industry have been declining, German households have continuously had to dig deeper into their pockets in oder to pay their gas bill. Residential gas prices in Europe were around double the price for industrial clients. German households with an annual consumption below 200 GJ paid 6.1 euro cents per kilowatt hour. Dutch households paid the most.
Prices of natural gas for industrial consumers in Germany from 2010 to 2021
(in euro cents per kilowatt hour)
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BMWK. (January 20, 2022). Prices of natural gas for industrial consumers in Germany from 2010 to 2021 (in euro cents per kilowatt hour) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/595604/natural-gas-price-germany/
BMWK. "Prices of natural gas for industrial consumers in Germany from 2010 to 2021 (in euro cents per kilowatt hour)." Chart. January 20, 2022. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/595604/natural-gas-price-germany/
BMWK. (2022). Prices of natural gas for industrial consumers in Germany from 2010 to 2021 (in euro cents per kilowatt hour). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/595604/natural-gas-price-germany/
BMWK. "Prices of Natural Gas for Industrial Consumers in Germany from 2010 to 2021 (in Euro Cents per Kilowatt Hour)." Statista, Statista Inc., 20 Jan 2022, https://www.statista.com/statistics/595604/natural-gas-price-germany/
BMWK, Prices of natural gas for industrial consumers in Germany from 2010 to 2021 (in euro cents per kilowatt hour) Statista, https://www.statista.com/statistics/595604/natural-gas-price-germany/ (last visited December 23, 2024)
Prices of natural gas for industrial consumers in Germany from 2010 to 2021 (in euro cents per kilowatt hour) [Graph], BMWK, January 20, 2022. [Online]. Available: https://www.statista.com/statistics/595604/natural-gas-price-germany/