The average wholesale electricity price in August 2025 in Denmark is forecast to amount to*******euros per megawatt-hour. Prices in the country peaked at ****** euros per megawatt-hour in August 2022.

Denmark - Electricity prices: Medium size households was EUR0.37 Kilowatt-hour in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Denmark - Electricity prices: Medium size households - last updated from the EUROSTAT on August of 2025. Historically, Denmark - Electricity prices: Medium size households reached a record high of EUR0.46 Kilowatt-hour in December of 2022 and a record low of EUR0.27 Kilowatt-hour in December of 2010.

In the second half of 2022, electricity prices in Denmark rose sharply. Household electricity prices in Denmark averaged 58.7 euro cents per kilowatt-hour for a consumption band between 2,500 and 5,000 kilowatt-hours and 60.95 euro cents per kilowatt-hour for a consumption band between 1,000 and 2,500 kilowatt-hours. However, prices were on a declining trend in 2023. Electricity prices in Europe Electricity consumers in the capital city of Denmark, Copenhagen, paid one of the highest value added taxes on electricity in Europe as of May 2023, amounting to 20 percent of the residential end-user price. However, the final residential electricity price in the Nordic country was considerably lower than in other European countries, such as Italy and Germany, where prices surpassed 0.4 U.S. dollars per kilowatt-hour in June 2023. Electricity sources in Denmark During the 2022 energy crisis, the growth in electricity prices in European countries was correlated with their dependence on fossil fuel imports. The dominance of wind power and bioenergy in Denmark's electricity production made the country less vulnerable to the instability of the global power market.

Non-residential electricity consumers in Denmark saw the electricity price increase during the energy crisis of 2022. For users with an annual consumption greater than 500 megawatt-hours and lower than 2,000 megawatt-hours, prices reached 19.44 euro cents per kilowatt-hour. Meanwhile, for users with a consumption greater than 20,000 and lower than 70,000 megawatt-hours, prices stood at 18.43 euro cents per kilowatt-hour that year.

The natural gas prices for household end users (excluding taxes, levies, and VAT) in Denmark increased significantly by 0.1 euro cents per kWh (+66.67 percent) in the first half of 2022 in comparison to the previous six months. With 0.24 euro cents per kWh, the natural gas prices thereby reached their highest value in the observed period.The prices include electricity/basic price, transmission, system services, meter rental, distribution and other services.Find more key insights for the natural gas prices for household end users (excluding taxes, levies, and VAT) in countries like Czechia, Romania, and Slovakia.

The electricity delivery process has experienced a major shift in recent years, driven by a push to reduce emissions. Governments across Europe are actively moving away from conventional sources of electricity generation, leading to a decline in the continent's dependency on fossil fuels. According to the International Energy Agency (IEA), renewables accounted for 41.7% of electricity generation in Europe in 2022, up from 32.9% in 2017. The rise of renewables has spurred an influx of renewable generators and necessitated increased investment in electricity networks. This has lifted revenue for transmission and distribution network operators. Revenue is forecast to rise at a compound annual rate of 8.7% over the five years through 2025, reaching €2.8 billion. Falling wholesale prices and a reduction in overall electricity consumption spurred a drop in revenue during the pandemic. Excess demand for natural gas as economies loosened pandemic-related restrictions spurred a strong rebound in wholesale electricity prices in 2021, translating to a jump in revenue. Wholesale prices recorded a renewed spike following Russia’s invasion of Ukraine, spurring a surge in revenue generated by electricity producers and suppliers. Renewable generators were able to rake in extra profit from electricity sold to wholesale markets at inflated prices, counterbalancing a significant rise in costs for fossil fuel generators and electricity suppliers. Wholesale prices have since come down as Europe has diversified its fuel mix away from Russian gas. Revenue is forecast to decline by 5.1% in the current year. Revenue is forecast to increase at a compound annual rate of 0.3% over the five years through 2030 to €2.9 billion. The revised Renewable Energy Directive of the EU has set a goal for 69% of electricity to be generated from renewables by 2030. Electricity generators will continue expanding their renewables capacity, while investment in upgrading the electricity network to accommodate the rapid shift to renewables will boost income for transmission and distribution network operators. Rising renewable electricity generation will place downward pressure on wholesale prices, though the electrification of heat and transport is set to spur an uptick in demand for electricity across the continent.

Denmark - Producer prices in industry: Electricity, gas, steam and air conditioning supply was 111.90 points in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Denmark - Producer prices in industry: Electricity, gas, steam and air conditioning supply - last updated from the EUROSTAT on August of 2025. Historically, Denmark - Producer prices in industry: Electricity, gas, steam and air conditioning supply reached a record high of 390.70 points in August of 2022 and a record low of 31.30 points in April of 2020.

Denmark DK: Electricity Price: NC: HC: Between 2500 & 4999 KwH: incl All Taxes & Levies data was reported at 2.807 DKK/kWh in Dec 2024. This records an increase from the previous number of 2.765 DKK/kWh for Jun 2024. Denmark DK: Electricity Price: NC: HC: Between 2500 & 4999 KwH: incl All Taxes & Levies data is updated semiannually, averaging 2.237 DKK/kWh from Dec 2007 (Median) to Dec 2024, with 35 observations. The data reached an all-time high of 4.368 DKK/kWh in Dec 2022 and a record low of 1.789 DKK/kWh in Dec 2007. Denmark DK: Electricity Price: NC: HC: Between 2500 & 4999 KwH: incl All Taxes & Levies data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Denmark – Table DK.Eurostat: Electricity Price: Household Consumers.

Graph and download economic data for Harmonized Index of Consumer Prices: Electricity for Denmark (CP0451DKM086NEST) from Jan 1996 to Jun 2025 about Denmark, electricity, harmonized, CPI, price index, indexes, and price.

As of July 2025, Denmark had the highest average day-ahead electricity price among Nordic countries, amounting to ***** euros per megawatt-hour. Over the past few years, electricity prices soared in the Nordic region, the result of a global energy crisis that affected fossil fuels and electricity prices. Price variations across Nordic countries While Denmark had the highest electricity prices in July 2025, other Nordic countries see varying rates. Finland, for instance, recorded the lowest day-ahead weekly price at just **** euros per megawatt-hour that same month. This stark contrast underscores the regional differences in electricity production and consumption patterns across the Nordic countries. Electricity traded outside of the NordPool market is not reflected in these prices. Factors influencing Nordic electricity prices The disparity in electricity prices across Nordic countries can be attributed to various factors, including reliance on different energy sources. Iceland, for example, benefits from its fully clean electricity sector, resulting in some of the lowest household electricity prices in the region. In contrast, countries like Denmark and Finland face higher prices due to their partial dependence on fossil fuels. For non-residential consumers, prices also vary significantly, with Iceland offering the lowest rates at **** euro cents per kilowatt-hour and Denmark the highest at **** euro cents per kilowatt-hour for annual consumption below ***** megawatt-hours. Despite having the highest industrial electricity prices among Nordic countries, Denmark's rates remain competitive compared to other European countries like Italy or Germany.

This dataset contains measured timeseries of renewable energy production and electricity consumption as well as exchange with neighboring countries/continents on hourly time resolution. The timeseries data has been divided into two xml files, one for each of the Danish price regions; DK1 (Western Denmark) and DK2 (Eastern Denmark). The data comes from the Danish TSO Energinet and was used in a flexibility study by Karen Olsen in 2018-19 leading to a paper that is to appear in the proceedings of the ICAE19 conference and is entitled: "Data-driven flexibility requirements for current and future scenarios with high penetration of renewables". A journal paper has also been submitted using the same data.The data has been extracted from a website run by Energinet at the following link where time series data is publicly available:https://www.energidataservice.dk/dataset/electricitybalanceThe present version was extracted in September 2019 and contains installation and production data from 2011 until and including the beginning of September 2019.The data is in the originally downloaded xml files, ready to be parsed by the python code written by Karen Olsen (see reference for Fanfare code).Data used for analysis:- offshore wind power generated (column: "Offshore Wind Power" in the xml file)- onshore wind power generated (column: "Onshore Wind Power" in the xml file)- solar power generated (column: "Solar Power Prod" in the xml file)- gross consumption (column: "Gross Con" in the xml file)Further information and code for analysis can be found under:https://kpolsen.github.io/FANFARE/Contains data used pursuant to 'Conditions for use of Danish public-sector data' from the Energi Data Service portal (www.energidataservice.dk).

The average spot market price for electricity in Denmark climbed up to ****** Danish kroner per 100 kilowatt-hours in 2022, by far the highest figure recorded in the displayed period. In contrast, the lowest average was recorded in 2020, at roughly eight kroner per 100 kilowatt-hours.

Denmark DK: Electricity Price: HC: Less Than 1000 KwH: excl VAT & Other Recoverable Taxes & Levies data was reported at 0.364 EUR/kWh in Dec 2024. This records an increase from the previous number of 0.360 EUR/kWh for Jun 2024. Denmark DK: Electricity Price: HC: Less Than 1000 KwH: excl VAT & Other Recoverable Taxes & Levies data is updated semiannually, averaging 0.287 EUR/kWh from Dec 2007 (Median) to Dec 2024, with 35 observations. The data reached an all-time high of 0.523 EUR/kWh in Dec 2022 and a record low of 0.214 EUR/kWh in Dec 2007. Denmark DK: Electricity Price: HC: Less Than 1000 KwH: excl VAT & Other Recoverable Taxes & Levies data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Denmark – Table DK.Eurostat: Electricity Price: Household Consumers.

Ireland, Italy, and Germany had some of the highest household electricity prices worldwide, as of March 2025. At the time, Irish households were charged around 0.45 U.S. dollars per kilowatt-hour, while in Italy, the price stood at 0.43 U.S. dollars per kilowatt-hour. By comparison, in Russia, residents paid almost 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.

This statistic shows the household subscription prices for electricity in Denmark from 2009 to 2019. The prices decreased annually since 2012, and reached the lowest price of ***** Danish øre per kilowatt hour in 2017. In 2019, the price had increased to **** øre per kilowatt hour.

Denmark DK: Electricity Price: NC: NH: Less Than 20 MwH: excl Taxes & Levies data was reported at 1.195 DKK/MWh in Dec 2024. This records an increase from the previous number of 1.054 DKK/MWh for Jun 2024. Denmark DK: Electricity Price: NC: NH: Less Than 20 MwH: excl Taxes & Levies data is updated semiannually, averaging 0.704 DKK/MWh from Dec 2007 (Median) to Dec 2024, with 35 observations. The data reached an all-time high of 2.501 DKK/MWh in Dec 2022 and a record low of 0.528 DKK/MWh in Dec 2015. Denmark DK: Electricity Price: NC: NH: Less Than 20 MwH: excl Taxes & Levies data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Denmark – Table DK.Eurostat: Electricity Price: Non-Household Consumers.

Graph and download economic data for Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Denmark (CPGREN01DKQ657N) from Q2 1970 to Q4 2023 about Denmark, fuels, electricity, energy, gas, CPI, price index, indexes, and price.

Denmark DK: Electricity Price: NC: HC: Between 5000 & 14999 KwH: excl VAT & Other Recoverable Taxes & Levies data was reported at 1.669 DKK/kWh in Dec 2024. This records an increase from the previous number of 1.635 DKK/kWh for Jun 2024. Denmark DK: Electricity Price: NC: HC: Between 5000 & 14999 KwH: excl VAT & Other Recoverable Taxes & Levies data is updated semiannually, averaging 1.428 DKK/kWh from Dec 2007 (Median) to Dec 2024, with 35 observations. The data reached an all-time high of 2.914 DKK/kWh in Dec 2022 and a record low of 1.108 DKK/kWh in Jun 2021. Denmark DK: Electricity Price: NC: HC: Between 5000 & 14999 KwH: excl VAT & Other Recoverable Taxes & Levies data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Denmark – Table DK.Eurostat: Electricity Price: Household Consumers.

Electricity Day ahead Spot Prices Data

In Nord Pool Spot market players can buy and sell electricity for delivery the following day in their own area - Norway, Sweden, Finland, Denmark or Germany. The day-ahead prices indicate the balance between supply and demand.

Data is from 2024-02-22 to 2015-02-01

Hour UTC: A date and time (interval), shown in UTC time zone, where the values are valid. 00:00 o’clock is the first hour of a given day interval 00:00 - 00:59 and 01:00 covers the second hour (interval) of the day and so forth. Please note: The naming is based on the length of the interval of the finest grain of the resolution.

Hour DK: A date and time (interval), shown in Danish time zone, where the values are valid. 00:00 o’clock is the first hour of a given day, interval 00:00 - 00:59, and 01:00 covers the second hour period (interval) of the day and so forth.

Price area: Same as bidding zone. Denmark is divided in two price areas (bidding zones) divided by the Great Belt. DK1 is west of the Great Belt and DK2 is east of the Great Belt.

Note: The SYSTEM price is the unlimited balancing price at the Nordic electricity market irrespective of capacity congestions in the individual interconnections between the areas. The system price therefore serves as a reference price to which the area prices can be compared.

If Price area is “DK”, the data covers all Denmark. (Some datasets contain a limited number of price areas.)

Spot price (DKK): Day ahead spot price in the price area. (The day-ahead prices indicate the balance between supply and demand.)

Spot price (EUR): Day ahead spot price in the price area. (The day-ahead prices indicate the balance between supply and demand.)

https://www.energidataservice.dk/tso-electricity/Elspotprices

The electricity prices for household end users (including taxes, levies, and VAT) in Denmark increased by 0.04 euro cents per kWh (+33.33 percent) in the first half of 2022. Therefore, the electricity prices in Denmark reached a peak in the first half of 2022 with 0.16 euro cents per kWh.The prices include gas basic price, transmission, system services, meter rental, distribution and other services.Find more statistics on other topics about Denmark with key insights such as natural gas prices for household end users incl. tax.