THE BIG PICTURE: World Industrial Power Prices How much industry pays for power varies tremendously by country, owing to variations in generation costs, network costs, and taxes, fees, and surcharges. This comparison shows average industrial electricity prices in 2013, with each nation's tax component. Also shown is the fuel source that dominated each nation's power mix in 2013. Source: UK Department of Energy and Climate Change, Eurostat, International Energy Agency -Copy and artwork by Sonal Patel, associate editor BELGIUM CANADA CZECH REPUBLIC DENMARK FINLAND FRANCE GERMANY HUNGARY IRELAND ITALY JAPAN NETHERLANDS NORWAY POLAND PORTUGAL SPAIN SWEDEN TURKEY UK U.S. 10 12.81¢ 2.10¢ 9.01¢ 14.86¢ 0.14¢ 11.94¢ 10.65¢ 0.93¢ 12.59¢ 16.91¢ 6.64¢ 13.25¢ 17.31¢ 32.13¢ 16.57¢ 11.27¢ 5.49¢ 10.93¢ 15.19¢ 15.41¢ 9.03¢ 0.08¢ 12.40¢ 13.95¢ 0.39¢ 6.81¢ 0.32¢ 40% www.powermag.com POWER | May 2015 0.48¢ 36% 0¢ 0.63¢ 0¢ 1.47¢ 43% 44% 85% 28% 20% 1.47¢ 96% 0.38¢ 54% 48% 0.83¢ 0¢ 11.63¢ 38% 51% 50% 2.28¢ 41% 1.42¢ 33% 75% 47% 0.98¢ 60% 51% 51% Industrial prices in U.S. cents/kWh Tax component Nuclear Coal Natural gas Hydro 20%http://www.powermag.com