17.12.2021

How much will we pay for gas in 2022? More than a half more than this year.

Tags

Author

Arkadiusz Somnicki

Member of the Board

On December 17, 2021, the President of the Energy Regulatory Office approved a new tariff for PGNiG SA, the largest gas seller in Poland.

The 58% increase in the bill will affect household consumers who use gas for three purposes: gas cookers, gas water heaters and gas heating installations. It is an approximate value, calculated on the basis of the net value for the so-called a typical household. A slightly smaller increase in the bill, approx. 54%, will be recorded by customers using only gas cookers and water heaters. If we only use gas in gas cookers, the bill will increase by about 41%.

Such a large increase in gas prices is a consequence of what we have been dealing with for many months on the wholesale market (where gas sellers buy gas fuel for resale to end users). The price "Armageddon", which affected most European countries, is largely the result of the tense political and economic situation with a potential Russian-Ukrainian conflict and the Nord Stream 2 pipeline in the background. In short: Russia has limited gas supplies to Europe, increasing pressure on the European Union not to delay the decision to launch the Nord Stream 2 pipeline. Reduced gas fuel supply, combined with growing demand, directly and significantly affected gas prices.

The difficult situation on the gas market also results in the largest historical increase in electricity prices. This is described in more detail in the article:
Nobody expected such a “hot” December on the European energy exchanges – electricity prices are breaking new records.

See also

More news

01.04.2025

Energy shake-ups: declines, records and new directions of change

In this article, we look at the most important events and data from the first quarter of 2025 that could significantly impact the future of energy.

Read more

05.03.2025

Poland, Germany and the Baltic States: Key Energy Decisions in Europe

How do these changes shape the future of the region? Let's look at the most important current events changing the face of the European electricity and natural gas market.

Read more

03.02.2025

Gas Geopolitics: The End of Transit Through Ukraine and a New Role for the US

In the face of these changes, American gas is increasingly finding its way to the Old Continent, changing the balance of power in global energy. Is this the beginning of a new era of raw material supplies?

Read more