Accelerate the World's Transition to Sustainable Energy - to fight Anthropogenic Climate Change, page-33452

Not according to this data from EUC. I note you dont provide a link.

After a prolonged period of relative stability (2010 – 2019), retail electricity prices started to increase significantly in 2021 in response to rising wholesale prices ( Figure 3 ). Retail prices are normally higher than wholesale prices, but since late 2021 they have been lower than wholesale market prices at the price spikes during the crisis (e.g. just after the invasion of Ukraine and during the summer of 2022).

Figure 3: Composition of weighted average household retail electricity prices for EU27 (EUR/MWh)

Source: Trinomics et al. (2023), based on data from Eurostat, VaasaETT

This happened because the increase in wholesale prices was quick and significant reflecting the need to balance supply and demand. On the other hand, the pass-through to retail prices reflected retailers’ market situation and was reduced by their supply strategies (e.g. long-term contracts and other price hedging), the structure of contracts in Member States (dynamic price vs fixed price contracts), level of retail competition, and by public interventions 5

https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM%3A2024%3A136%3AFIN&qid=1711266005450