Europe’s Post Pandemic Electricity Price Evolution

This chapter aims to analyze the evolution of electricity prices in Europe over the last 5 years. Several databases were used for this study to check the accuracy of the information. Considering the differences in electricity prices in Europe, several countries using different sources of raw materials to produce electricity were analyzed. It can be seen that at the European level the price of electricity has been affected by several events that have produced significant changes in the energy sector. These include the COVID-19 pandemic, the European economic recovery plan, and in addition the economic instability in Eastern Europe and the Russian raw material embargo. In addition, the large amount of electricity intermittently produced by renewable energy sources and energy market transactions produce waves in the final price of electricity as presented in the chapter.