Bryan Jones via flickr
Fuel prices at the German border are now approximately €60 per megawatt-hour, up from €31 at the start of the week prior to the Iran situation escalating.
Norway has become Germany's primary supplier, representing 44% of imports in 2025, with the Netherlands at 24% and Belgium at 21%. LNG terminals provide an additional 10%.A major participant is Norway's Equinor, which has been active in the German market since 1977. Germany observes that its Scandinavian partner does not raise prices—they are tied to stock market quotes, and previous low-cost agreements with Russia have been entirely lost.
Additionally, Europe is currently acquiring liquefied natural gas from the international market, which is quite vulnerable to any interruptions in the Persian Gulf. Nevertheless, end users only face a portion of this rise: network charges and taxes make up roughly 50% of their expenses. As reported by BDEW, in January, households were charged 11.10 cents per kWh, in contrast to the 5-6 cents before the crisis.
source: berliner-zeitung.de
Norway has become Germany's primary supplier, representing 44% of imports in 2025, with the Netherlands at 24% and Belgium at 21%. LNG terminals provide an additional 10%.A major participant is Norway's Equinor, which has been active in the German market since 1977. Germany observes that its Scandinavian partner does not raise prices—they are tied to stock market quotes, and previous low-cost agreements with Russia have been entirely lost.
Additionally, Europe is currently acquiring liquefied natural gas from the international market, which is quite vulnerable to any interruptions in the Persian Gulf. Nevertheless, end users only face a portion of this rise: network charges and taxes make up roughly 50% of their expenses. As reported by BDEW, in January, households were charged 11.10 cents per kWh, in contrast to the 5-6 cents before the crisis.
source: berliner-zeitung.de