Germany, Belgium, and Ireland had some of the highest household electricity prices worldwide, as of June 2024. At the time, German households were charged around 0.39 U.S. dollars per kilowatt-hour, while in Belgium, the price stood at 0.37 U.S. dollars per kilowatt-hour. By comparison, in Qatar, residents paid more than 10 times less. What is behind electricity prices? Electricity prices vary widely across the world and sometimes even within a country itself, depending on factors like infrastructure, geography, and politically determined taxes and levies. For example, in Denmark, Belgium, and Sweden, taxes constitute a significant portion of residential end-user electricity prices. Reliance on fossil fuel imports Meanwhile, thanks to their great crude oil and natural gas production output, countries like Iran, Qatar, and Russia enjoy some of the cheapest electricity prices in the world. Here, the average household pays less than 0.1 U.S. dollars per kilowatt-hour. In contrast, countries heavily reliant on fossil fuel imports for electricity generation are more vulnerable to market price fluctuations. The top importers of natural gas in Europe in 2023 were Germany and Italy, where this energy source constitutes a relevant share of the power mix.

This is an electricity market dataset, including demand, dispatch and regional prices, sourced from the Australian Energy Market Operator (AEMO, 2023). We assemble a five-minute frequency panel dataset of the National Electricity Market (NEM) between 1 July 2020 and 31 December 2021.

This dataset provides values for ELECTRICITY PRICE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Australia is facing a fundamental rewiring of its electricity markets. As consumers, investors and governments clamour for more renewable generation, large-scale wind power is receiving an influx of capacity investment. Windy states, like South Australia and Victoria, are producing more of their electricity from wind as Australia prepares to retire the large coal-fired power stations that have powered Australia's economy for the last 50 years. Other smaller forms of renewable generation, like biomass, tidal and geothermal generation, have taken a back seat. The Federal Government's Renewable Energy Target lets eligible generators sell Large-scale Generation Certificates (LGCs), creating another income source that has justified ongoing investment in new wind power projects. Although LGC prices are sliding down as more generators flood the market, skyrocketing wholesale prices have been a welcome contrast, allowing many wind power generators to cash in on high prices on the spot market, driving up industrywide profitability. High prices have also driven expected annualised revenue growth of 7.0% over the five years through 2024-25, to reach $2.7 billion. This includes an expected hike of 4.7% in 2024-25 as wholesale prices are anticipated to spike. In 2021-22, turmoil in global energy markets, outages, weather patterns and high demand combined to raise wholesale prices in the National Electricity Market to unsustainable levels. Although prices have since eased, they remain well above pre-pandemic levels. Looking ahead, wind generation capacity is only going to increase as federal and state governments strive to hit their emissions reduction goals. Offshore wind farms will offer even more room for capacity growth, with Victoria earmarking the technology as part of its investment in renewable sources. Although offshore wind is more costly to develop and maintain, it’s projected to result in medium- and long-term growth in generation capacity. For the private sector, Power Purchase Agreements (PPAs) are gaining popularity, allowing businesses to meet their sustainability targets, ensure a reliable flow of energy and manage risk in volatile wholesale markets. Overall, revenue is forecast to soar at an annualised 12.9% over the five years through 2029-30, to hit $4.9 billion.

Natural gas increased 0.21 USD/MMBtu or 5.84% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on March of 2025.

Coal decreased 28.50 USD/MT or 22.75% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Coal - values, historical data, forecasts and news - updated on March of 2025.