Since 2021
Energy crisis
After the collapse of pipeline gas imports the EU rebuilt its supply around LNG and subsidies. Wholesale prices have cooled, but the structural premium over pre-2021 levels is still paid every month by households and by every factory that competes with US or Asian energy costs.
Accrued this year
€169,998,256,357
€7,827 /sec
Per citizen
€378.62
€550 per year
Per household
€862.94
€1,254 per year
Cost timeline
Modelled yearly cost across the EU, 2015–2026.
Figures are EU-wide and divided equally across 449 million residents.
Direct costs
€144.0 bn/yrMoney that leaves a public budget or an invoice.
- Household energy support schemes€62.0 bn
- LNG import premium vs. pre-crisis pipeline gas€48.0 bn
- Grid reinforcement and storage investment€34.0 bn
Indirect costs
€103.0 bn/yrPrices, productivity and welfare effects citizens absorb.
- Industrial output lost to energy-intensive shutdowns€40.0 bn
- Energy component of consumer price inflation€55.0 bn
- Energy poverty: health and arrears costs€8.0 bn