Electricity: Prices
(asked on 9th November 2015) - View Source
Question
To ask the Secretary of State for Energy and Climate Change, if she will list the average wholesale price for electricity in (a) nominal and (b) real pounds sterling for each year from 2000 to 2015.
DECC receives wholesale prices data from Argus Media on a daily basis. The following table shows the yearly average of day-ahead baseload prices since 2001 when this data is available from. We have converted the daily data into a yearly average, and converted nominal data into real data using HM Treasury’s GDP deflators1.
Calendar Year | Yearly Average (nominal) | Yearly Average (2014 prices) | ||
2015* | 41.5 | 41.9** | ||
2014 | 42.5 | 42.5 | ||
2013 | 50.8 | 51.7 | ||
2012 | 45.3 | 47.0 | ||
2011 | 48.3 | 50.9 | ||
2010 | 42.0 | 45.2 | ||
2009 | 37.8 | 41.9 | ||
2008 | 74.8 | 84.7 | ||
2007 | 31.1 | 36.2 | ||
2006 | 42.6 | 51.0 | ||
2005 | 39.5 | 48.7 | ||
2004 | 23.3 | 29.6 | ||
2003 | 21.3 | 27.9 | ||
2002 | 16.8 | 22.5 | ||
2001*** | 21.3 | 29.4 | ||
Source: Argus Media | ||||
* Data available until November 11th 2015 | ||||
** Percentage change on previous year in line with July 2015 Budget *** Data available since October 15th 2001 | ||||