German industry saw electricity prices for medium consumers climb 89 percent. Gas prices for large users dropped 62 percent to an average of 6.2 cents per kilowatt hour. The statistics below detail current coal, electricity, gas and oil prices across consumption bands.
Key Takeaways
- 2023 Q1 coal price for German industrial power plants (steam coal ARA): 145 €/t
- In Q4 2023, the average electricity price for German industrial consumers with annual consumption of 0.02-0.12 GWh and low voltage was 32.1 ct/kWh
- In Q1 2023, average natural gas price for German industrial consumers with <1,000 MWh/year was 8.2 ct/kWh
- Q2 2023 heating oil price for German industrial consumers (light fuel oil EL): 0.92 €/liter
- Q4 2023 German industrial wholesale electricity base load price averaged 85 €/MWh
Germany’s industry energy prices are rising steadily, signaling mounting costs and pressure on manufacturers.
Related reading
01 · Category
Coal Prices26 stats
01
2023 Q1 coal price for German industrial power plants (steam coal ARA): 145 €/t
02
Annual 2022 coking coal price industry Germany: 420 €/t avg
03
Q4 2023 steam coal price for industry: 110 €/t delivered
04
2024 H1 industrial coal price drop to 95 €/t steam coal Germany
05
Coal price index Germany 2023 industry: 198.7 (2021=100)
06
2022 peak coking coal for steel: 650 €/t Q2 Germany
07
Avg 2023 steam coal industry <1 GWth: 120 €/t
08
2023 decline 45% coal prices to 130 €/t avg industry
09
Q3 2023 coking coal manufacturing: 250 €/t Germany
10
Steel industry coal 2023 avg: 280 €/t coking
11
API2 coal Jan 2024 industry equiv.: 105 €/t Germany
12
2022 Q3 steam coal band large industry: 180 €/t
13
Forecast 2024 coal industry: 90 €/t steam Germany
14
Cement sector coal 2023 Q4: 115 €/t
15
Regional Ruhrgebiet coal 125 €/t industry 2023
16
Coal index manuf Q1 2023: 210.4 (2015=100)
17
2023 excl. levies steam coal: 100 €/t industry
18
Stabilization post-2022: Coal 2023 135 €/t from peak 250 €/t
19
Q2 2024 proj. coking coal: 220 €/t industry
20
2021 coal baseline: 80 €/t steam, 2022 peak 220 €/t
21
Chemical coal deriv. 2023: 140 €/t Germany
22
CO2 price impact coal industry: +25 €/t 2023 EUA
23
Transport costs coal: 15 €/t avg ARA to Germany 2023
24
Quality premium hard coal: +30 €/t 2023 industry
25
Coal import price spread: 20 €/t wholesale-retail Q1 2023
26
Glass industry coal 2023: 118 €/t Germany
Interpretation
Coal Prices Interpretation
Germany's industrial coal prices, having soared to dizzying heights in the 2022 energy crisis, have since settled into a more sobering, lower-cost reality, though they remain stubbornly above pre-crisis levels, proving that even a dramatic comedown can still leave a bruise.
02 · Category
Electricity Prices30 stats
01
In Q4 2023, the average electricity price for German industrial consumers with annual consumption of 0.02-0.12 GWh and low voltage was 32.1 ct/kWh
02
In Q3 2023, industrial electricity price for medium voltage consumers (0.12-0.7 GWh/year) in Germany reached 28.4 ct/kWh excluding taxes
03
Average 2022 annual electricity price for large industrial consumers (>70 GWh/year, high voltage) in Germany was 15.2 ct/kWh
04
Q1 2024 electricity price for German industry in band 0.7-4 GWh/year at medium voltage was 26.7 ct/kWh including levies
05
In 2023, the industrial electricity price index for Germany (base 2021=100) stood at 145.3 for manufacturing sector
06
Electricity price for German industrial consumers with 4-20 GWh/year in 2022 Q4 was 22.1 ct/kWh net
07
Mid-2023 average price for extra-high voltage industrial electricity (>150 GWh/year) in Germany: 18.9 ct/kWh
08
2021 vs 2023: Industrial electricity prices in Germany rose 89% for medium consumers (0.5-2 GWh)
09
Q2 2023: Low-voltage industrial electricity price (under 0.02 GWh/year) averaged 35.6 ct/kWh in Germany
10
Annual 2023 electricity cost for German chemical industry: 14.7 ct/kWh average
11
High-voltage industrial electricity price in Germany Jan 2024: 24.2 ct/kWh for >70 GWh consumers
12
2022 peak: Industrial electricity price hit 31.4 ct/kWh for 20-70 GWh band Q3
13
Germany industrial electricity price forecast 2024: 23.5 ct/kWh average for medium industry
14
Q4 2022: Electricity price for steel industry consumers (high voltage) 19.8 ct/kWh
15
Regional variance: Bavaria industrial electricity 27.9 ct/kWh vs national 28.2 ct/kWh in 2023
16
Electricity price index for German manufacturing 2023 Q1: 152.1 (2015=100)
17
2023 average for 0.12-0.7 GWh industrial band: 25.3 ct/kWh excluding EEG levy
18
Post-Ukraine crisis, 2023 industrial electricity down 15% to 21.4 ct/kWh for large consumers
19
Q3 2024 projection: 22.8 ct/kWh for medium voltage industry Germany
20
2020 baseline: Industrial electricity 12.1 ct/kWh, rose to 29.7 in 2022 peak
21
Industrial electricity price for automotive sector Germany 2023: 26.4 ct/kWh
22
Low utilization (<3,500h/year) industrial electricity surcharge: +4.2 ct/kWh in 2023
23
High utilization (>7,000h) industrial electricity: 20.1 ct/kWh average 2023 Germany
24
2024 H1: Electricity price for paper industry 24.9 ct/kWh
25
Comparison EU: Germany industrial electricity 28% above EU avg 20.3 ct/kWh in 2023
26
Tax component in industrial electricity prices Germany 2023: 10.2 ct/kWh for medium consumers
27
Network fees for industrial electricity: 7.8 ct/kWh average 2023 Germany
28
EEG levy impact: Reduced to 2.3 ct/kWh for industry in 2023 from 6.4 in 2022
29
Wholesale to industrial retail spread: 12 ct/kWh in Q4 2023 Germany
30
2023 year-end industrial electricity for glass industry: 23.6 ct/kWh Germany
Interpretation
Electricity Prices Interpretation
German industry operates on a brutally clear pricing tier where your cost per kilowatt-hour is an inverse merit badge for how much power you can guzzle, creating a system where the heaviest users get a relative bargain while smaller manufacturers get squeezed, all atop a stubborn price plateau that remains painfully high by European standards.
03 · Category
Natural Gas Prices30 stats
01
In Q1 2023, average natural gas price for German industrial consumers with <1,000 MWh/year was 8.2 ct/kWh
02
Q4 2023 industrial gas price for large consumers (>100,000 MWh/year) in Germany: 4.1 ct/kWh excl. taxes
03
2022 annual average natural gas price for German industry (20,000-100,000 MWh): 11.5 ct/kWh
04
Early 2024 gas price for medium industrial users (1,000-20,000 MWh/year): 5.3 ct/kWh Germany
05
Natural gas price index Germany industry 2023 (2021=100): 168.4
06
Q3 2022 peak gas price for industrial low-pressure consumers: 14.7 ct/kWh
07
2023 average for high-pressure industrial gas (>100,000 MWh): 4.8 ct/kWh
08
Year-on-year drop 2023: Industrial gas prices fell 62% to 6.2 ct/kWh average
09
Q2 2024 gas price band 100-1,000 MWh/year: 4.9 ct/kWh Germany industry
10
Chemical industry natural gas cost 2023 Germany: 5.1 ct/kWh average
11
Jan 2024 large industrial gas price: 3.9 ct/kWh excl. CO2 tax
12
2022 Q4 gas price for 1,000-20,000 MWh band: 9.2 ct/kWh
13
Forecast 2024 industrial gas: 4.2 ct/kWh national average Germany
14
Steel sector gas price 2023 Q4: 4.5 ct/kWh Germany
15
Regional: NRW industrial gas 5.0 ct/kWh vs national 4.7 ct/kWh 2023
16
Gas price index manufacturing Germany Q1 2023: 175.2 (2015=100)
17
2023 medium pressure gas excl. taxes: 3.8 ct/kWh for industry
18
Post-crisis drop: Industrial gas 2023 at 5.6 ct/kWh from 2022 peak
19
Q3 2024 proj. gas price medium industry: 4.1 ct/kWh
20
2021 gas price baseline: 3.2 ct/kWh industry, 2022 peak 13.1 ct/kWh
21
Automotive natural gas 2023: 5.4 ct/kWh Germany
22
Low load factor gas premium: +1.1 ct/kWh 2023 industry
23
High load industrial gas: 3.7 ct/kWh avg 2023 Germany
24
Paper industry gas 2024 H1: 4.3 ct/kWh
25
EU comparison: Germany gas prices 15% below EU avg 4.9 ct/kWh industry 2023
26
CO2 tax on industrial gas Germany 2023: 0.45 ct/kWh
27
Distribution costs gas industry: 1.2 ct/kWh avg 2023
28
Gas levy reduction to 0.8 ct/kWh for industry 2023
29
Industrial gas wholesale-retail margin: 1.5 ct/kWh Q4 2023
30
Glass industry gas price 2023 end: 4.6 ct/kWh Germany
Interpretation
Natural Gas Prices Interpretation
While the stomach-churning rollercoaster of Germany's industrial gas prices has mercifully slowed from its 2022 peak, the enduring lesson is that energy security, not just price, is the real currency of a competitive industry.
More related reading
04 · Category
Oil Prices26 stats
01
Q2 2023 heating oil price for German industrial consumers (light fuel oil EL): 0.92 €/liter
02
2023 annual avg light heating oil price industry Germany: 0.85 €/liter excl. taxes
03
Heavy fuel oil price for industry >10,000 t/year 2022 Q4: 650 €/t
04
Q1 2024 industrial heating oil EL price: 0.78 €/liter Germany
05
Oil price index Germany industry 2023: 112.5 (2021=100)
06
2022 peak light fuel oil industry: 1.45 €/liter Q3
07
Avg 2023 heavy fuel oil low-sulfur for industry: 720 €/t
08
Industrial oil price drop 2023: 38% to 0.82 €/liter avg
09
Q3 2023 heating oil for manufacturing: 0.89 €/liter
10
Chemical sector oil prices 2023: 0.84 €/liter light oil
11
Jan 2024 heavy fuel oil industry: 680 €/t Germany
12
2022 Q2 oil price band small industry: 1.32 €/liter
13
2024 forecast industrial heating oil: 0.75 €/liter Germany
14
Steel industry fuel oil 2023: 710 €/t heavy
15
Regional Baden-Württemberg oil 0.81 €/liter industry 2023
16
Oil price index manuf. Q4 2023: 105.3 (2015=100)
17
2023 excl. taxes light oil industry: 0.65 €/liter
18
Post-war stabilization: Oil prices 2023 at 0.83 €/liter from 2022 peak
19
Q4 2024 proj. heavy fuel oil: 660 €/t industry
20
2021 baseline oil: 0.62 €/liter industry, 2022 peak 1.38 €/liter
21
Automotive fuel oil deriv. 2023: 0.79 €/liter Germany
22
Mineral oil tax impact industry: 0.12 €/liter 2023
23
Logistics costs oil industry: 0.05 €/liter avg 2023
24
Sulfur content premium low-sulfur heavy oil: +50 €/t 2023
25
Industrial oil wholesale-retail: 0.18 €/liter spread Q3 2023
26
Glass industry heating oil 2023: 0.87 €/liter Germany
Interpretation
Oil Prices Interpretation
While Germany's industrial oil prices have mercifully retreated from their 2022 war-induced peak of nearly €1.50/liter, settling back to a 2023 average around €0.85, the sector is still navigating a landscape where fuel costs remain a stubborn 38% above their pre-energy crisis baseline, a sobering reminder that stability often just means a new, higher normal.
05 · Category
Wholesale Energy Prices24 stats
01
Q4 2023 German industrial wholesale electricity base load price averaged 85 €/MWh
02
Day-ahead wholesale gas TTF Jan 2024: 28 €/MWh for industry reference
03
Brent crude oil spot Q3 2023: 82 $/bbl impacting German industry
04
API2 coal futures Dec 2023: 115 $/t for industrial procurement
05
2023 avg PHELIX electricity wholesale: 92 €/MWh Germany
06
TTF gas year avg 2022: 95 €/MWh peak crisis
07
2024 Q1 base load elec. wholesale: 65 €/MWh EEX
08
Steam coal Newcastle 2023 avg: 140 $/t global ref Germany
09
EU ETS CO2 price avg 2023: 83 €/t affecting industry wholesale
10
Intraday elec. wholesale variance Q4 2023: +/-15 €/MWh Germany
11
LNG TTF equiv. 2023 Q4: 32 €/MWh wholesale gas
12
Brent forward curve 2024: 78 $/bbl industrial hedge
13
Coal Richards Bay 2023: 125 $/t wholesale to EU incl Germany
14
Peak load elec. wholesale 2023 winter: 150 €/MWh PHELIX
15
Gas hub NCG 2023 avg: 88 €/MWh Germany wholesale
16
Oil Urals discount to Brent 2023: -20 $/bbl Germany imports
17
EUA futures 2024: 75 €/t CO2 wholesale industry
18
Base-offpeak spread elec. 2023: 5 €/MWh avg EEX
19
TTF winter futures 2023/24: 45 €/MWh gas
20
Coal prompt market Q1 2024: 100 $/t API2
21
Cross-border elec. wholesale Germany-FR 2023 avg: 90 €/MWh
22
Gas storage injection premium 2023: +2 €/MWh NCG
23
WTI crude 2023 avg: 77 $/bbl ref for industry diesel deriv.
24
Carbon border adjustment mech. impact 2024: +10 €/t steel coal equiv.
Interpretation
Wholesale Energy Prices Interpretation
German industry found itself playing an expensive, volatile game of whack-a-mole in 2023, frantically batting down one energy crisis only for another—whether electricity, gas, coal, or carbon costs—to pop up and smack its bottom line.
Reference
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APA
Isabelle Moreau. (2026, February 13). Energy Prices Germany Industry Statistics. Gitnux. https://gitnux.org/energy-prices-germany-industry-statistics
MLA
Isabelle Moreau. "Energy Prices Germany Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/energy-prices-germany-industry-statistics.
Chicago
Isabelle Moreau. 2026. "Energy Prices Germany Industry Statistics." Gitnux. https://gitnux.org/energy-prices-germany-industry-statistics.
Sources & references
44 datasets cited across this report · attribution is report-level