Electricity Prices In Countries That Use The Most & Least Renewable Energy For Electricity

Electricity Prices In Countries That Use The Most & Least Renewable Energy For Electricity

This is a very short guide listing notable countries, and their respective renewable energy as a % of electricity production, and average electricity prices.

This reason for putting this guide together is to see if there is some kind of link between renewable energy use for electricity, and electricity prices.

(Note: the energy sources used for electricity is just one factor that might impact prices – there are many general factors that can cause electricity prices to increase and decrease. The same can be said for electricity prices on a country and State specific level

 

In the below figures:

  • Electricity Prices = average electricity price as of 2019, in terms of US Dollars/cents, per kWh (kilowatt hour) of electricity. Prices are obtained from globalpetrolprices.com, but also wikipedia where otherwise stated. Additional prices can also be seen at wikipedia.org
  • Renewable Energy % = renewables as a % of total electricity generation in a given year (most of the stats are from 2016). %’s are obtained from wikipedia.org

As a benchmark, note that the average electricity price globally in March 2019 was 0.14 U.S. Dollar [14 US cents] per kWh (globalpetrolprices.com)

Also note that we have listed every country, but some of the most notable ones. %’s and prices for other countries can always be viewed by following through the links in the resources list.

 

Electricity Prices In Countries That Use High %’s Of Renewable Energy For Electricity (50% Or Higher)

  • Iceland – 100%, 16 (US) cents
  • Norway – 97.2%, 14 cents
  • New Zealand – 83.9%, 21 cents
  • Brazil – 80.4%, 18 cents
  • Austria – 74.3%, 22 cents
  • Nepal – 65.5%, 8 cents
  • Canada – 65%, 11 cents
  • Denmark – 60.5%, 34 cents
  • Switzerland – 59.8%, 21 cents
  • Sweden – 57.1%, 20 cents

 

Electricity Prices In Countries That Use Medium %’s Of Renewable Energy For Electricity (20% To 49%)

  • Finland – 44.2%, 19 cents
  • Spain – 38.1%, 25 cents
  • Italy – 37.3%, 26 cents
  • Turkey – 32.9%, 10 cents
  • Pakistan – 32.7%, 5 cents
  • Germany – 29%, 35 cents
  • United Kingdom – 27.9%, 
  • Ireland – 24.7%, 23 cents
  • China – 24.5%, 8 cents
  • Argentina – 21.5%, 9 cents

 

Electricity Prices In Countries That Use Low %’s Of Renewable Energy For Electricity (20% Or Lower)

  • France – 17.5%, 19 cents
  • Russia – 16.9%, 6 cents
  • India – 16.88%, 8 cents
  • Belgium – 16.6%, 32 cents
  • Mexico – 15.3%, 8 cents
  • Japan – 15%, 29 cents
  • United States – 14.7%, 14 cents
  • Australia – 14.5%, 25 cents
  • Poland – 13.7%, 17 cents
  • Hungary – 10.1%, 13 cents
  • Egypt – 8.2%, 3 cents
  • Ukraine – 5.6%, 5 cents
  • South Korea – 2.8%, 10 cents
  • United Arab Emirates – 8 cents

 

It’s Also Worth Knowing The Electricity Prices & Renewable Energy % In A Country By The Individual States …

Like in the United States for example – where %’s and prices differ from State to State.

We have put together a guide that lists the retail electricity prices and renewable energy % of electricity production by the individual US States.

Knowing both the National and State electricity sector stats paints a broader and more accurate picture.

 

Sources

1. https://www.globalpetrolprices.com/Democratic-Republic-of-the-Congo/electricity_prices/

2. https://en.wikipedia.org/wiki/Electricity_pricing

3. https://en.wikipedia.org/wiki/List_of_countries_by_electricity_production_from_renewable_sources

4. https://www.bettermeetsreality.com/comparison-by-us-state-renewable-energy-of-electricity-production-vs-average-electricity-price-vs-co2-emissions-vs-air-pollution/

5. https://www.bettermeetsreality.com/factors-that-impact-electricity-prices-what-causes-them-to-increase-decrease/

6. https://www.bettermeetsreality.com/causes-of-high-or-increased-electricity-prices-in-different-countries-states-around-the-world-case-studies-examples/

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