Electricity prices in Italy were near €200 per megawatt hour, rebounding from the 11-week low of €150 touched on January 18th as the country's brief cold front pushed demand for natural gas, Italy's main electricity feedstock. Still, costs remain well below the record-high of €655 touched in early September, as Europe's mild winter improved LNG availability, and the securement of long-term contracts for alternative sources saved Europe's dire situation from the Russian supply shock. Following natural gas supply halts from Moscow, Italy's government and energy giant ENI jointly pledged to increase energy investments in Algeria, aiming to expand on the current TransMed pipeline and become an energy import hub for Europe. Meanwhile, Italy's new government raised the budget deficit for next year to 4.5% of GDP to allocate more than €21 billion in tax breaks and bonuses to support businesses and households in times of the energy crisis.

Electricity Price in Italy averaged 81.26 EUR/MWh from 2004 until 2023, reaching an all time high of 737.43 EUR/MWh in August of 2022 and a record low of 10.66 EUR/MWh in May of 2020. This page includes a chart with historical data for Italy Electricity Price. Italy Electricity Price - data, forecasts, historical chart - was last updated on January of 2023.

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Italy Electricity Price

Price Day Month Year
UK Electricity 141.76 5.82 4.28% -34.67% -33.94%
Germany Electricity 117.32 43.11 58.09% 686.85% -21.92%
France Electricity 187.00 3.15 1.71% -20.62% 22.45%
Spain Electricity 45.67 -21.73 -32.24% 10.29% -79.67%
Italy Electricity 172.70 -1.57 -0.90% -3.82% -33.87%

Italy 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
172.70 175.38 737.43 10.66 2004 - 2023 EUR/MWh Daily