Wholesale electricity prices in the United Kingdom hit a record-high in 2022, reaching 21.7 British pence per kilowatt-hour that year. Projections indicate that prices are bound to decrease steadily in the next few years, falling under five pence per kilowatt-hour by 2030.

During the observed period, electricity prices in the wholesale market more than doubled for some countries in Central and Eastern Europe (CEE). In February 2025, the highest electricity prices in the region were recorded in Poland, where one MWh cost over 137 euros. For comparison, in Latvia and Lithuania, the wholesale price of one MWh was nearly 122 euros.

Germany's electricity prices have experienced an increase in the latter half of 2024 and the beginning of 2025, reaching an average of 140.42 euros per megawatt-hour in February 2025. This marks a notable decrease from the record high of over 469 euros per megawatt-hour in August 2022, yet remains above pre-pandemic levels. The ongoing volatility in energy prices continues to impact German households and businesses, reflecting broader trends across Europe's energy landscape. Electricity price recovery German electricity prices began recovering back to pre-energy crisis levels in 2024, a period driven by a complex interplay of factors, including increased heating demand, reduced wind power generation, and water scarcity affecting hydropower production. The rise in natural gas and coal prices, exacerbated by the economic recovery post-COVID-19 and the Ukraine conflict, further contributed to the spike. Despite Germany's progress in renewable energy sources, with over 50 percent of gross electricity generated from renewable sources in 2023, the country still relies heavily on fossil fuels. Coal and natural gas accounted for approximately 40 percent of the energy mix, making Germany vulnerable to fluctuations in global fuel prices. Impact on consumers and future outlook The volatility in electricity prices has directly impacted German consumers. As of April 1, 2024, households with basic supplier contracts were paying around 46 cents per kilowatt-hour, making it the most expensive option compared to other providers or special contracts. The breakdown of household electricity prices in 2023 showed that supply and margin, along with energy procurement, constituted the largest controllable components, amounting to 40.6 and 11.6 euro cents per kilowatt-hour, respectively. While prices have decreased since the 2022 peak, they remain higher than pre-crisis levels, underscoring the ongoing challenges in Germany's energy sector as it continues its transition towards renewable sources.

UK Electricity decreased 15.90 GBP/MWh or 15.52% since the beginning of 2025, according to the latest spot benchmarks offered by sellers to buyers priced in megawatt hour (MWh). This dataset includes a chart with historical data for the United Kingdom Electricity Price.

Finland Wholesale Price Index: Electricity, Gas and Water Supply data was reported at 217.200 2000=100 in Dec 2011. This records a decrease from the previous number of 222.600 2000=100 for Nov 2011. Finland Wholesale Price Index: Electricity, Gas and Water Supply data is updated monthly, averaging 138.350 2000=100 from Jan 2000 (Median) to Dec 2011, with 144 observations. The data reached an all-time high of 240.900 2000=100 in Feb 2011 and a record low of 98.700 2000=100 in Apr 2000. Finland Wholesale Price Index: Electricity, Gas and Water Supply data remains active status in CEIC and is reported by Statistics Finland. The data is categorized under Global Database’s Finland – Table FI.I022: Wholesale Price Index: 2000=100.

Spain Electricity decreased 81.27 EUR/MWh or 59.82% since the beginning of 2025, according to the latest spot benchmarks offered by sellers to buyers priced in megawatt hour (MWh). This dataset includes a chart with historical data for Spain Electricity Price.

In the observed period, weighted average monthly electricity prices on the day-ahead market in Poland increased from 163.95 zloty/MWh in January 2018 to over 500 zloty/MWh (117.77 EUR/MWh) in January 2025. The record weighted average price occurred in August 2022, exceeding 1,300 zloty. Consumption of electricity in Poland Electricity is essential to modern life and vital to every country’s economy. Starting from 1990, the final annual electricity consumption reached a value of 124.7 terawatt-hours. It eventually grew to 160 tWh in 2023, which happened to be a six percent decrease compared to the previous year. Consumption of solar photovoltaic power has become popular in recent years, but also the capacity of solar photovoltaic per inhabitant in Poland has significantly increased, rising from just 0.1 watts per inhabitant in 2013 to 464.1 W/inhab in 2023. In 2023, 18.5 million customers in Poland used electricity with consumption lower than 50 megawatt-hours. Electricity production from renewables Throughout the years, there have been different methods and sources of electricity production worldwide. Starting in 2012, the electricity production from solar photovoltaic power generated only 3.4 gigawatt-hours. In 2023, Poland's electricity production volume from solar photovoltaic power reached a peak of over 11 terawatt hours. Another source of electricity production was the wind. Where the production of electricity from wind steadily increased from five gigawatt-hours in 2000 to 23,234 gigawatt-hours in 2023. Biogas and biomass also play a significant role in the production of electricity. In 2012, electricity production from biogas and biomass was the highest at around 10,094 gigawatt-hours. However, in 2022, the production decreased, reaching 6,352 GWh.

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.

Annual data on the average price of retail electricity to consumers. Data organized by U.S. state and by provider, i.e., total electric industry, full-service providers, restructured retail service providers, energy-only providers, and delivery-only service. Annual time series extend back to 1990. Based on Form EIA-861 data.

It was projected that the annual average wholesale electricity price in the United States would range between 29 and 55 dollars per megawatt-hour in 2025. The Northwest price area will account for the highest electricity price, while prices will be lower in ERCOT (Electric Reliable Council of Texas).

Japan Wholesale Price Index: Electricity, Gas and Water data was reported at 101.000 1990=100 in Nov 1997. This stayed constant from the previous number of 101.000 1990=100 for Oct 1997. Japan Wholesale Price Index: Electricity, Gas and Water data is updated monthly, averaging 97.500 1990=100 from Jan 1965 (Median) to Nov 1997, with 395 observations. The data reached an all-time high of 129.400 1990=100 in Sep 1984 and a record low of 32.300 1990=100 in Jul 1972. Japan Wholesale Price Index: Electricity, Gas and Water data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.I275: Wholesale Price Index: 1990=100.

The average wholesale electricity price in Ireland amounted to 123.59 euros per megawatt-hour in October 2024. During the period in consideration, figures reached a record high in March 2022, at over 293 euros per megawatt-hour. This was an increase of more than 302 percent compared to the same month a year prior.

Italy Electricity decreased 10.78 EUR/MWh or 7.83% since the beginning of 2025, according to the latest spot benchmarks offered by sellers to buyers priced in megawatt hour (MWh). This dataset includes a chart with historical data for Italy Electricity Price.

Electric power selling price index (EPSPI). Monthly data are available from January 1981. The table presents data for the most recent reference period and the last four periods. The base period for the index is (2014=100).

France Electricity decreased 6.42 EUR/MWh or 9.19% since the beginning of 2025, according to the latest spot benchmarks offered by sellers to buyers priced in megawatt hour (MWh). This dataset includes a chart with historical data for France Electricity Price.

Nepal Wholesale Price Index: IC: Electric & Electronic Goods data was reported at 127.916 1999-2000=100 in Jul 2018. This stayed constant from the previous number of 127.916 1999-2000=100 for Jun 2018. Nepal Wholesale Price Index: IC: Electric & Electronic Goods data is updated monthly, averaging 110.794 1999-2000=100 from Sep 2004 (Median) to Jul 2018, with 167 observations. The data reached an all-time high of 128.979 1999-2000=100 in Dec 2016 and a record low of 94.600 1999-2000=100 in Aug 2009. Nepal Wholesale Price Index: IC: Electric & Electronic Goods data remains active status in CEIC and is reported by Nepal Rastra Bank. The data is categorized under Global Database’s Nepal – Table NP.I0031: Wholesale Price Index: 1999-2000=100.

Nepal Wholesale Price Index: Annual: IC: Electric & Electronic Goods data was reported at 126.600 1999-2000=100 in 2017. This records an increase from the previous number of 125.100 1999-2000=100 for 2016. Nepal Wholesale Price Index: Annual: IC: Electric & Electronic Goods data is updated yearly, averaging 99.400 1999-2000=100 from Jul 2001 (Median) to 2017, with 17 observations. The data reached an all-time high of 126.600 1999-2000=100 in 2017 and a record low of 95.200 1999-2000=100 in 2008. Nepal Wholesale Price Index: Annual: IC: Electric & Electronic Goods data remains active status in CEIC and is reported by Nepal Rastra Bank. The data is categorized under Global Database’s Nepal – Table NP.I0031: Wholesale Price Index: 1999-2000=100: Annual.

The average wholesale electricity price in Norway stood at 28.32 euros per megawatt-hour in October 2024. The country's electricity prices reached a record high in August 2022, at 246 euros per megawatt-hour, the result of the global energy crisis and a drought that hit the country that summer.

The average wholesale electricity price in Spain amounted to 119.03 euros per megawatt-hour in February 2025, an increase compared to the previous month. The electricity price was lower compared to the same period in the previous year. Non-household and household electricity prices in Spain Average annual electricity prices in Spain have not yet fallen back to between 40 and 65 euros per megawatt-hour, the average electricity price before the impact of the energy supply shortage in 2021. Household electricity prices in Spain average 99.6 euro cents per kilowatt-hour in 2023. Similarly, non-household electricity prices have not yet fully recovered to pre-energy supply shortage levels, averaging 12.17 euro cents per kilowatt-hour in 2024. Spanish electricity market The Spanish electricity market consists of two sectors: a regulated sector and a liberalized sector. Both sectors are dominated by two utility companies, Endesa and Iberdrola. The companies possessed a combined market share of 75 percent within the regulated market in the year 2023, whereas their combined share of the liberalized market amounted to 64 percent that same year.