The average wholesale electricity price in Denmark stood at around 85.03 euros per megawatt-hour in October 2024. Prices in the country peaked at 455 euros per megawatt-hour in August 2022.

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.

Denmark - Producer prices in industry: Electricity, gas, steam and air conditioning supply was 180.90 points in February 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 March 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.

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.

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.

Denmark was the Nordic country with the highest wholesale electricity price for most of 2024. In January 2025, the average day-ahead electricity price in the country amounted to 98.97 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.

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 - Gas prices: Medium size households was EUR33.98 Gigajoule (gross calorific value - GCV) in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Denmark - Gas prices: Medium size households - last updated from the EUROSTAT on March of 2025. Historically, Denmark - Gas prices: Medium size households reached a record high of EUR45.98 Gigajoule (gross calorific value - GCV) in December of 2023 and a record low of EUR20.83 Gigajoule (gross calorific value - GCV) in December of 2020.

In 2023, the Danish electricity supply meter market was finally on the rise to reach $17M after two years of decline. Overall, the total consumption indicated moderate growth from 2012 to 2023: its value increased at an average annual rate of +4.0% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $25M.

Denmark DK: Electricity Price: NC: NH: 150000 MwH & Above: excl VAT & Other Recoverable Taxes & Levies data was reported at 0.676 DKK/MWh in Jun 2024. This records a decrease from the previous number of 0.792 DKK/MWh for Dec 2023. Denmark DK: Electricity Price: NC: NH: 150000 MwH & Above: excl VAT & Other Recoverable Taxes & Levies data is updated semiannually, averaging 0.534 DKK/MWh from Jun 2017 (Median) to Jun 2024, with 15 observations. The data reached an all-time high of 1.900 DKK/MWh in Dec 2022 and a record low of 0.351 DKK/MWh in Jun 2020. Denmark DK: Electricity Price: NC: NH: 150000 MwH & Above: 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: Non-Household Consumers.

Denmark DK: Electricity Price: NC: HC: 15000 KwH & Above: excl VAT & Other Recoverable Taxes & Levies data was reported at 1.450 DKK/kWh in Jun 2024. This records an increase from the previous number of 1.416 DKK/kWh for Dec 2023. Denmark DK: Electricity Price: NC: HC: 15000 KwH & Above: excl VAT & Other Recoverable Taxes & Levies data is updated semiannually, averaging 1.361 DKK/kWh from Dec 2007 (Median) to Jun 2024, with 34 observations. The data reached an all-time high of 2.790 DKK/kWh in Dec 2022 and a record low of 0.902 DKK/kWh in Jun 2021. Denmark DK: Electricity Price: NC: HC: 15000 KwH & Above: 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.

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Denmark (CPGREN01DKM659N) from Jan 1971 to Feb 2025 about Denmark, fuels, electricity, energy, gas, CPI, price index, indexes, and price.

The average spot market price for electricity in Denmark climbed up to 100.85 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: NC: HC: Less Than 1000 KwH: excl VAT & Other Recoverable Taxes & Levies data was reported at 2.685 DKK/kWh in Jun 2024. This records an increase from the previous number of 2.562 DKK/kWh for Dec 2023. Denmark DK: Electricity Price: NC: HC: Less Than 1000 KwH: excl VAT & Other Recoverable Taxes & Levies data is updated semiannually, averaging 2.141 DKK/kWh from Dec 2007 (Median) to Jun 2024, with 34 observations. The data reached an all-time high of 3.894 DKK/kWh in Dec 2022 and a record low of 1.595 DKK/kWh in Dec 2007. Denmark DK: Electricity Price: NC: 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.

Denmark DK: Electricity Price: NH: 150000 MwH & Above: incl All Taxes & Levies data was reported at 0.240 EUR/MWh in Jun 2024. This records a decrease from the previous number of 0.249 EUR/MWh for Dec 2023. Denmark DK: Electricity Price: NH: 150000 MwH & Above: incl All Taxes & Levies data is updated semiannually, averaging 0.238 EUR/MWh from Jun 2017 (Median) to Jun 2024, with 15 observations. The data reached an all-time high of 0.444 EUR/MWh in Dec 2022 and a record low of 0.144 EUR/MWh in Jun 2023. Denmark DK: Electricity Price: NH: 150000 MwH & Above: 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: Non-Household Consumers.

The inflation rates of energy commodity prices in Denmark have increased significantly since 2021. Gas saw an inflation rate of 179.3 percent in September 2022, the highest annual change in the last three years. These developments occurred following Russia's invasion of Ukraine, which has been the cause of uncertainty over Europe's security of gas supply, as well as intense energy price volatility. After decreasing in 2023, the harmonized price index of consumer prices for energy commodities showed a new increase as of the end of 2024.

Graph and download economic data for Producer Prices Index: Economic Activities: Energy: Total for Denmark (DNKPIEAEN01GYQ) from Q1 2001 to Q4 2022 about Denmark, energy, PPI, price index, indexes, and price.

Denmark - Producer prices in industry: Mining and quarrying; manufacturing; electricity, gas, steam and air conditioning supply was 140.20 points in January 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: Mining and quarrying; manufacturing; electricity, gas, steam and air conditioning supply - last updated from the EUROSTAT on March of 2025. Historically, Denmark - Producer prices in industry: Mining and quarrying; manufacturing; electricity, gas, steam and air conditioning supply reached a record high of 214.00 points in August of 2022 and a record low of 72.40 points in May of 2020.

The size of the Renewable Energy Market in Denmark market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 8.00">> 8.00% during the forecast period. Renewable energy, often referred to as green energy, is derived from natural sources that are replenished at a rate faster than they are consumed. Unlike fossil fuels, which take millions of years to form and release harmful greenhouse gases when burned, renewable energy sources are abundant and environmentally friendly. The most widely used types of renewable energy include solar power, wind energy, hydropower, geothermal energy, and bioenergy. Solar energy harnesses sunlight using photovoltaic panels or mirrors that concentrate solar radiation. This energy can be used for electricity, heating, cooling, and even fuel production. Wind energy captures the kinetic energy of moving air through wind turbines, which can be installed onshore or offshore. Hydropower generates electricity by using the flow of water in rivers or dams, making it one of the oldest and most reliable forms of renewable energy. Geothermal energy taps into the Earth's internal heat to generate electricity and provide direct heating. This is achieved by extracting heat from geothermal reservoirs using wells or other means. Bioenergy, on the other hand, is produced from organic materials such as plant and animal waste. It can be converted into electricity, heat, or biofuels. Recent developments include: Denmark is expected to construct an artificial island as a wind energy hub. The construction project, believed to be the biggest in Danish history, will link hundreds of wind turbines to deliver enough electricity for millions of households. The first phase of the project is expected to cost around 210 billion Danish crowns., Denmark's government has agreed to take a majority stake in a UKP 25 billion artificial 'energy island', which is to be built 50 miles (80km) offshore, in the middle of the North Sea., The Alfa Laval Test & Training Centre, Aalborg, Denmark, is taking a key role in cutting the maritime industry's greenhouse gasses by 2050. In the coming years, it will accumulate knowledge that is vital to a carbon-free future. The first biofuel tested at the center will be one produced in India by MASH Energy, which is created through pyrolysis of waste biomass. Sourced from waste in this way, the fuel would be a net positive, removing CO2 from the overall carbon equation, the company explained in a statement.. Key drivers for this market are: 4., Declining Cost Of Wind Power Generation4.; Supportive Government Policies. Potential restraints include: 4., Penetration Of Solar Energy And Gas-Fired Power Plants. Notable trends are: Wind Energy to Dominate the Market.

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.