Electricity prices in Germany were down from record highs to hover around €130/MWh in March, helped by a surge in wind power generation and an expected decline in electricity consumption amid warmer weather. Additionally, Germany's government has announced support for electricity, gas, and heating prices for private households and companies in 2023, following last year's sharp rise in energy costs. Electricity prices in Europe's largest economy hit an all-time high of €700/MWh last August as the region met the worst energy crisis in decades and concerns about Russian gas supplies mounted.

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 March 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 110.62 0.16 0.14% -13.20% -54.79%
Germany Electricity 81.44 -35.10 -30.12% -43.57% -61.07%
France Electricity 204.75 3.16 1.57% 23.98% -0.24%
Spain Electricity 119.34 0 0% -18.21% -53.35%
Italy Electricity 136.51 16.17 13.44% -18.85% -45.27%

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