It seems safe to say prices right now are not the norm due to, you know, that whole war thing going on that is impacting one of the EU's primary power supplies. The 2021 EU average was otherwise $0.22/kWh.
The war is a factor going forward, but we got notified of the price increases before the war started, they relate more to the piss poor planning of our rulers than any external factors.
Unless the people in charge are going to suddenly start planning for the future this will be the new normal.