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.

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 DK: Electricity Price: NC: HC: Between 5000 & 14999 KwH: excl VAT & Other Recoverable Taxes & Levies data was reported at 1.635 DKK/kWh in Jun 2024. This records an increase from the previous number of 1.587 DKK/kWh for Dec 2023. Denmark DK: Electricity Price: NC: HC: Between 5000 & 14999 KwH: excl VAT & Other Recoverable Taxes & Levies data is updated semiannually, averaging 1.427 DKK/kWh from Dec 2007 (Median) to Jun 2024, with 34 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.

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 - 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.

Denmark DK: Electricity Price: NC: HC: Between 2500 & 4999 KwH: excl VAT & Other Recoverable Taxes & Levies data was reported at 2.212 DKK/kWh in Jun 2024. This records an increase from the previous number of 2.120 DKK/kWh for Dec 2023. Denmark DK: Electricity Price: NC: HC: Between 2500 & 4999 KwH: excl VAT & Other Recoverable Taxes & Levies data is updated semiannually, averaging 1.786 DKK/kWh from Dec 2007 (Median) to Jun 2024, with 34 observations. The data reached an all-time high of 3.494 DKK/kWh in Dec 2022 and a record low of 1.431 DKK/kWh in Dec 2007. Denmark DK: Electricity Price: NC: HC: Between 2500 & 4999 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 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.

Denmark DK: Electricity Price: NC: NH: Total kWh: excl VAT & Other Recoverable Taxes & Levies data was reported at 0.784 DKK/kWh in Jun 2024. This records a decrease from the previous number of 0.927 DKK/kWh for Dec 2023. Denmark DK: Electricity Price: NC: NH: Total kWh: excl VAT & Other Recoverable Taxes & Levies data is updated semiannually, averaging 1.030 DKK/kWh from Dec 2021 (Median) to Jun 2024, with 6 observations. The data reached an all-time high of 1.875 DKK/kWh in Dec 2022 and a record low of 0.784 DKK/kWh in Jun 2024. Denmark DK: Electricity Price: NC: NH: Total 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: 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.

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.

Denmark DK: Electricity Price: NC: HC: Total kWh: excl Taxes & Levies data was reported at 1.386 DKK/kWh in Jun 2024. This records an increase from the previous number of 1.359 DKK/kWh for Dec 2023. Denmark DK: Electricity Price: NC: HC: Total kWh: excl Taxes & Levies data is updated semiannually, averaging 1.575 DKK/kWh from Dec 2021 (Median) to Jun 2024, with 6 observations. The data reached an all-time high of 2.706 DKK/kWh in Dec 2022 and a record low of 1.105 DKK/kWh in Dec 2021. Denmark DK: Electricity Price: NC: HC: Total kWh: 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: Household Consumers.

Graph and download economic data for Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Electricity, Gas and Other Fuels: Total for Denmark (DNKCP040500GPM) from Jan 1967 to Dec 2023 about Denmark, water, fuels, electricity, gas, CPI, price index, indexes, and price.

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.

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 - 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.

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.

In 2023, electricity supply meter exports from Denmark shrank significantly to 294K units, waning by -38.7% on the year before.

Graph and download economic data for Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Actual Rentals for Housing: Total for Denmark (DNKCP040100GPM) from Jan 1967 to Dec 2023 about Denmark, water, fuels, electricity, rent, gas, CPI, price index, indexes, and price.

Statistics illustrates consumption, production, prices, and trade of Electricity Supply or Production Meters in Denmark from Jan 2019 to Feb 2025.