VaasaETT

➡ 📣 We just published the latest Household Energy Price Index results for the residential energy prices in 33 European capitals during August!

🔷 ⬇ in Europe continued their downward trend, remaining significantly lower compared to the levels of a year ago. Most capital cities maintained their rates and over a third experienced price drops, notably in the Nordic and Baltic regions. The only capitals out of 33 cities that saw an increase were Paris, Rome and Amsterdam due to increases in the energy component.

🔶 ⬇ prices followed a similar pattern, with stability in most markets and only a few (Paris, Rome, Lisbon) recording negligible price increases.

📊 In the chart below, you can see the evolution of residential energy and distribution prices (excluding taxes) in the . Compared to August 2022, in all EU capitals have seen a 15% reduction, while have witnessed an even more substantial 30% decrease.

🔍 To examine each market separately and compare historical and latest data, use our visualisation tools.

📌 www.energypriceindex.com/price-data

📧Subscribe to the HEPI free monthly newsletter and we will keep you updated on all the interesting developments in the during the upcoming winter!

📌 www.energypriceindex.com/subscribe

🎇 VaasaETT on BBC NEWS!

📺 Our Founder and CEO, Dr. Philip Lewis, was recently interviewed on BBC News' Talking Business with Aaron Heslehurst, addressing the challenges European households had to navigate and the spiraling of prices during the peak of the .

🔦 The enlightening conversation also revolved around the future of the energy landscape and Europe's readiness to face the upcoming winter's demands.

🔗 If you are a BBC subscriber, follow the link to the full interview.

https://www.bbc.co.uk/iplayer/episode/m001pzd4/talking-business-25082023

❗ 🔍 HEPI-Household Energy Price Index: JULY prices just released! 📢

⬆ Retail in July saw a slight 2% increase, ending the downward trend observed since November 2022. While most countries experienced stability or decreases, a few capital cities faced significant price surges due to the phasing out of support or price corrections after recent price drops.

📌 Copenhagen witnessed the most significant increase (55%) due to the raise of the Electricity tax.

⬇ end-user prices continued their decline for the second consecutive month across Europe, with most markets showing stability or reductions.The general decrease is attributed mainly to ample gas supply and reduced summer demand.

📌 In Bern, a significant 25% price drop was recorded, leading to the highest end-user price level since 2018, which can be attributed to the updated price list announced by the local supplier.

📊 Read the analysis of our data team and view the interactive figures with the latest data:
https://www.energypriceindex.com/price-data

🗺 📍 Check out the map below illustrating the monthly changes in household prices across all European countries.

❕ Stay updated every month on all energy price trends by subscribing to our free newsletter
https://www.energypriceindex.com/subscribe

📢 Household Energy Price Index for May just released!

❓ ⚡What are the latest and end-user prices in your capital and how do they compare to the rest of Europe? How much have they changed since April?

🌏Find out more and compare with our interactive maps and visualization tools
https://www.energypriceindex.com/price-data

📉 The recession and the various approaches regarding the continuation of measures across Europe are the main factors driving the energy prices at this transitional period.

📌 : With the notable exception of Riga and Belgrade that marked considerable increases, residential prices remained at similar levels to those of April, marking the end of a 6-month downtrend in the market.

📌 : Prices showed a slight increase on average for the first time since last October with the most significant changes observed in Brussels, Riga and Rome.

💡 From a year ago, May 2022, the in all EU capitals have decreased by 2% while the have decreased by 6%.

📧 Remember to subscribe to our free monthly newsletter for all the latest price updates
https://www.energypriceindex.com/subscribe

➡ 📣 We just published the latest Household Energy Price Index results for the residential energy prices in 33 European capitals in April!

✔ Electricity markets
The suppliers’ decision to issue new, lower tariffs, as a reflection of the overall drop in the wholesale market has resulted in a general decrease of the retail prices, with Vienna being the sole capital that dealt with a marked rise.

💡 Our analysis on fixed 🆚 variable tariff showed once again that fixed prices are typically higher than variable

✔ Gas markets
The remarkable decrease in the wholesale gas price, which has dropped even below the 40 €/MWh mark, led to a general decline in the natural gas bills. Half of the capitals saw their retail prices dropping, in some cases significantly
(⬇ 41% in Brussels)

➡ Download the report and explore the data visuals
https://www.energypriceindex.com/

📧 Subscribe to the free monthly newsletter
https://www.energypriceindex.com/subscribe
Subscribe — HEPI (energypriceindex.com)

Household Energy Prices Index for Europe - MARCH prices released!

💡 Retail electricity prices followed a slight downward trend, with Helsinki being the only capital recording a 14% price increase.
🔷 The reduced demand, mainly due to the favourable weather conditions, led to the rapid fall of electricity prices on the wholesale market, especially in the international markets, such as Nord Pool and TTF.

❗ This month we are also examining, for a selection of markets (EUR15), the average end-user prices for fixed VS variable contracts, taking into account the fact that since the crisis customers tend to choose the latter more often due to their lower prices.

📊 In the natural gas markets, the prices continued to drop, while many European capitals saw a decrease to the levels of prior to the war in Ukraine.
🔸 Vienna’s households saw a 9% increase in their bills, however in the rest of Europe residential prices remained in the same levels.

🗺 Take a look at how the monthly changes are depicted in our interactive maps to get a better picture of the current situation in Europe.

➡ More results and analysis: https://www.energypriceindex.com/price-data

📧 Subscribe to our free monthly newsletter: https://www.energypriceindex.com/subscribe

📣 JOB OPENINGS

We are looking to hire for our Thessaloniki team:

🆕 ✔ Energy Market Analyst to focus on energy data collection, research on national regulations and policies, market research and analysis.

➡ Apply:
https://lnkd.in/dgn3kmWY

✔ Data Scientist with interest in the energy field to focus on ETL processes (i.e. data collection and storage), development of scrapping tools and data modelling.

➡ Apply:
www.vaasaett.com/careers/

🔍 HEPI findings for the residential in February are now available on our website!

💡 Last month, an overall downward trend was observed again in the and retail markets across Europe, with only few capitals witnessing increased prices. Mild weather conditions and lower demand, among other factors, resulted to the wholesale price fall and the consequent decline in end-user prices.

🔷 Paris, Madrid, Athens and London were the only capitals that recorded a rise in the households' electricity bills

🔶 Dublin was the sole capital where the natural gas price went up.

🔗 You can visit our website to explore all the latest price data for 33 European capitals and download the press release for the analysis on the factors that drove the price decline.

https://lnkd.in/dzu-di-4

📧 Remember to subscribe to our free newsletter to get all the info in your inbox every month!

https://lnkd.in/d8gNRksx

❗ 📣 WE ARE HIRING!

If you have confidence in your data science skills and also an interest in the energy markets, then this is a great opportunity for you to join our Thessaloniki team! 👇

Want to know more?
https://lnkd.in/dr-JfCuu

👏 Congratulations to the International Energy Agency (IEA) team for this insightful report!

💡 A must read study in recent policies, trends and market developments, including forecasts through 2025 for electricity demand, supply and CO2 emissions.

🔸 We are delighted to have -once again- our Data Science Lead, Rafaila Grigoriou, providing input as an external reviewer for this publication.

🙏 Thank you to the IEA team for also including to their analysis VaasaETT's insights regarding the impact of the support measures on the household electricity prices during the energy crisis.

Dive in! 👇

Electricity Market Report 2023 – Analysis - IEA Electricity Market Report 2023 - Analysis and key findings. A report by the International Energy Agency.

❕ An overall decline in retail electricity and gas prices has been observed in January across Europe. Check out our Household Energy Price Index website for the newly released rankings and price data for 33 European capitals.

👉 www.energypriceindex.com/price-data

🔹 Significant price changes to the electricity market:
⬆ Increases in Bern, Nicosia, Rome, Vilnius and Warsaw
⬇ Decreases in Amsterdam, Brussels, Madrid and Prague

🔸 Significant price changes to the natural gas market:
⬆ Price increases in Bratislava, Sofia and Warsaw
⬇ Price decreases in Amsterdam, Prague and Vienna

Explore our website and use our interactive tools to find out more about the latest electricity and gas end-user prices in your country and make the comparison with the rest of the European capitals.

📧 Subscribe to our free newsletter for the most up-to-date picture of European residential energy prices and the analysis on the factors influencing the formation of the prices every month.

👉 www.energypriceindex.com/subscribe

Price data — HEPI Monthly updateThe key findings of the January 2023 analysis in residential electricity and natural gas markets are illustrated in the following interactive figures. Read the monthly HEPI report for a more complete picture on how the economic turmoil and changing wholesale prices have impacted the re...

📢WE ARE HIRING!

We are now looking to hire Energy Market Analysts - both Junior and Senior - based at our offices in Helsinki or Thessaloniki! As an Energy Market Analyst, your goal would be to identify opportunities and provide comprehensive analysis of international energy markets to our clients.

❔ Interested? Read more and apply:

👉https://atalent.fi/open-position/vaasaett-energy-market-analyst-167786