Energy prices in Poland, Czech Republic, Slovakia and Romania, among highest in Europe

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Energy prices in Poland are among the highest in Europe, according to an analysis commissioned by the development ministry. The prices are the highest in comparison with the neighboring developed nations.

The analysis shows that prices on the Polish market differ significantly both in terms of the level and the trend in which the average price of electricity in the country’s adjacent neighbors moves, according to Warsaw Business Journal.

On average, from 2015-2019, energy prices in Poland were 19 percent higher than in Germany. The Czech Republic (20 percent), Slovakia (16 percent) and Romania (7 percent) are also on the list. The ministry claimed that the difference included regulatory fees and that the prices translate negatively for the Polish steel industry, where 40 percent of the processing costs are energy costs.

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