Electricity prices in Germany were close to the €200/MWh level after falling below €10 in mid-January, buoyed by stronger demand and lower wind power generation. Meanwhile, Germany plans to spend €14.5 billion to finance its electricity price cap until May. The country will set household prices at 40 cents per kWh for 80% of actual consumption. Still, prices remain well below their December peak of €450/MWh, in tandem with a sharp decline in natural gas prices, and as electricity consumption decreased because of high energy costs and warmer-than-usual temperatures.

Electricity Price in Germany averaged 51.89 EUR/MWh from 2000 until 2022, reaching an all time high of 699.44 EUR/MWh in August of 2022 and a record low of -56.87 EUR/MWh in December of 2012. This page includes a chart with historical data for Germany Electricity Price. Germany Electricity Price - data, forecasts, historical chart - was last updated on February of 2023.

Electricity Price in Germany is expected to be 81.26 EUR/MWh by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Electricity Price is projected to trend around 1.45 EUR/MWh in 2024 and 0.29 EUR/MWh in 2025, according to our econometric models.

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Germany Electricity Price

Price Day Month Year
UK Electricity 147.57 6.00 4.24% -27.33% -14.87%
Germany Electricity 93.08 -24.24 -20.66% -24.83% -33.62%
France Electricity 192.00 5.00 2.67% -18.50% 30.08%
Spain Electricity 127.07 -8.30 -6.13% 12.90% -38.48%
Italy Electricity 162.53 -18.29 -10.12% -18.41% -32.14%

Germany Electricity Price
Electricity prices displayed in Trading Economics are current spot benchmarks offered by sellers to buyers priced in megawatts per hour (MWh) in the local currency. Our electricity prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.
Actual Previous Highest Lowest Dates Unit Frequency
260.65 257.46 699.44 -56.87 2018 - 2022 EUR/MWh Daily