Digitalization enables real-time product comparison and customer engagement. Sustainability and healthy habits are gaining prominence. Inflation has significantly impacted consumer products. Supply chain disruptions and rising energy costs affect manufacturing
Report uses levelised cost of energy (LCOE) methodology for electricity and heat generation. Covers EU27 and non-EU G20 countries from 2008 to 2018. Database contains almost 2,000 observations, with 22% for wind and 25% for solar
Cost indexes update chemical plant capital costs based on inflation and deflation. Index is ratio of actual price to base period multiplied by 100. Indexes combine raw materials, products, energy, labor and construction costs
Cost of living measures expenses for maintaining a standard of living. Changes can be tracked through cost-of-living indices. Purchasing power parity rates compare living costs across locations
Average annual electricity bill for typical household will be £1,738 from January 2025. Electricity costs 24.86p/kWh, gas 6.34p/kWh from January 2025. Standing charges remain steady at 60.97p/day for electricity, 31.65p/day for gas
PV systems have LCOE between 3.12-11.01 €cent/kWh excluding VAT. PV battery systems range from 5.24-19.72 €cent/kWh. Onshore wind plants cost 3.94-8.29 €cent/kWh. Offshore wind plants cost 7.23-12.13 €cent/kWh. Biogas plants cost 8.45-17.26 €cent/kWh