Electricity Price Trends

Procurement Resource provides latest prices of Electricity. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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Chart Description

Procurement Resource provides prices of Electricity for several regions around the globe, which are as follows:

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa 

About Electricity

Electricity refers to the flow of electrical power or charge. Electricity is one of the most widely used forms of energy as well as a basic part of nature. The electricity that we use at our homes is a secondary energy source because it is generated by the conversion of primary energy sources including coal, natural gas, solar energy, hydraulic energy, and wind energy, into electrical power. Further, as electricity can also be converted into other forms of energy like mechanical energy or heat, it is also referred to as an energy carrier.

Synonyms:

  • Power
  • Energy

Industrial Uses

  • Residential Uses
  • Industrial Uses
  • Transportation
  • Commercial Buildings

Production Processes

  • Production of Electricity from Mechanical Energy 

In order to generate electrical energy, electric power plants use turbines that convert the potential and kinetic energy of a moving fluid to mechanical energy. A moving fluid, like water, steam, or air, pushes a series of blades mounted on a shaft in a turbine generator, thus, rotating the shaft linked to a generator. On the basis of relationship between magnetism and electricity, the generator, in turn, transforms the mechanical energy to electrical energy.

Supplier Database

  • State Grid Corporation of China (SGCC)
  • Enel Group
  • General Electric Co
  • Korea Electric Power Corporation (KEPCO)
  • Tokyo Electric Power Company Holdings Inc (TEPCO)
  • EDF (Électricité de France) S.A.
  • RWE AG

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

  • Procurement Resource tracks Electricity tariff for more than 150 countries across the globe.

Contact us for any specific request related to Electricity.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).