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Electricity Benchmarking Analysis Report (web only) - Forfás

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26<br />

Percentage Increase<br />

70<br />

60<br />

50<br />

40<br />

30<br />

20<br />

10<br />

0<br />

58.1<br />

Sweden<br />

52.7<br />

Ireland<br />

44.5<br />

Germany<br />

40.3<br />

Denmark<br />

Increase in Industrial <strong>Electricity</strong> Prices<br />

1 Jan 2000 to 1 Jan 2006<br />

37.7<br />

Netherlands<br />

34.1 32.0<br />

Finland<br />

Belgium<br />

28.9 28.0 27.1<br />

EU 15<br />

Italy<br />

Portugal<br />

26.2<br />

Luxembourg<br />

Excl. VAT but incl. Other Taxes<br />

23.8<br />

UK<br />

17.0<br />

Greece<br />

13.3<br />

Spain<br />

1.9<br />

France<br />

Source: Eurostat<br />

Notes: 1. This price comparison relates to prices as of 1 st January but price increases are applied at different times across<br />

the benchmark countries, therefore the data should be interpreted accordingly.<br />

2. Data for Austria was not available.<br />

► Ireland recorded the second highest increase in industrial electricity prices of<br />

the EU-15 countries during the period 2000-2006.<br />

► Industrial electricity prices (excl. VAT but incl. Other Taxes) rose by 52.7% in<br />

Ireland over the six-year period, compared to the more modest increase of<br />

28.9% in the EU-15.

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