Energy giant Eon anticipates that the ongoing situation stemming from the Iran conflict will continue to influence electricity and natural gas prices. According to Filip Thon, the head of Eon Energie Deutschland, the company’s domestic distribution arm, a return to the general price levels seen before the conflict is not expected in the near future. Thon indicated that prices on wholesale markets are likely to remain elevated for some time.
Detailing the supply chain pressures, Thon pointed to substantial increases in the cost of energy procurement. He reported that for the current year, gas prices at energy exchanges had risen by 75%, while electricity prices had increased by 35%. Looking ahead to the following year, the figures show continued upward momentum, with wholesale gas prices showing a 60% increase and wholesale electricity prices rising by 20%.
While the manager clarified that these short-term fluctuations could not be passed directly and automatically onto final consumer tariffs, he stressed that the overarching trend remains unmistakably upward.
