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.

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.

Colombia Wholesale Energy Spot Market: Maximum Bag Price data was reported at 396.260 COP/kWh in 21 Mar 2025. This records a decrease from the previous number of 401.250 COP/kWh for 20 Mar 2025. Colombia Wholesale Energy Spot Market: Maximum Bag Price data is updated daily, averaging 359.260 COP/kWh from Jan 2020 (Median) to 21 Mar 2025, with 1907 observations. The data reached an all-time high of 2,675.540 COP/kWh in 05 Nov 2024 and a record low of 87.290 COP/kWh in 17 Oct 2021. Colombia Wholesale Energy Spot Market: Maximum Bag Price data remains active status in CEIC and is reported by XM Compañía de Expertos en Mercados S.A. E.S.P.. The data is categorized under Global Database’s Colombia – Table CO.P001: Wholesale Energy Market Price. In normal operating conditions, it corresponds to the highest offer price of the units with centralized sale that have been programmed to generate in the ideal sale and do not present variations. It represents a single price for the interconnected system in each hourly period. When the bag price exceeds the scarcity price, it generates a sign that there is a critical situation in the system and activates the prices to regulate at which energy is purchased.

The average wholesale electricity price in Italy amounted to 117 euros per megawatt-hour in October 2024. Prices peaked in August 2022 at 544 euros per megawatt-hour.

Wholesale electricity prices in the European Union (EU) increased in 2024 after recovering from the global energy crisis in 2023. This was the result of a myriad of factors, including increased demand in the “post-pandemic” economic recovery, a rise in natural gas and coal prices, and a decline in renewable power generation due to low wind speeds and drought. Nuclear power's critical role In 2023, nuclear and wind were among the leading sources of electricity generation in the EU, accounting for more than one-third of the output. Nuclear energy continues to play a crucial role in the European Union's electricity mix, generating approximately 619 terawatt-hours in 2023, which accounted for about 20 percent of the region's power production. However, the future of nuclear power in Europe is uncertain, with some countries like Germany phasing out their nuclear plants while others maintain their reliance on this energy source. The varied approaches to nuclear power across EU member states contribute to the differences in electricity prices and supply stability throughout the region.

Renewable energy's growing impact As Europe strives to decarbonize its energy sector, renewable sources are gaining prominence. Wind power in Europe, in particular, has seen significant growth, with installed capacity in Europe reaching 257.1 gigawatt hours in 2023. This expansion of renewable energy infrastructure is gradually reshaping the electricity market, potentially leading to more stable prices in the long term. However, the intermittent nature of some renewable sources, such as wind and solar, can still contribute to price fluctuations, especially during periods of low output.

Germany Electricity decreased 21.39 EUR/MWh or 18.48% 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 Germany Electricity Price.

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.

In February 2025, the average wholesale electricity price in France amounted to 126.63 euros per megawatt-hour, an increase on the previous month. The electricity price was more than twice as high compared to the same period the previous year.

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.

Energy prices on the markets are an important indicator of the current market and supply situation in Europe and Switzerland. Supply (production) is combined here with demand (consumption) and ultimately results in a price for a specific energy product. There are markets for different products. The spot markets give short-term signals from the market: the "Day Ahead" market indicates the wholesale price for the following day. The "Base" product prices indicate the arithmetic mean of the prices for a delivery in the following 24 hours. In intraday trading, energy is bought and sold for delivery on the same day. This data collection provides information on various energy sources. These include electricity (power), gas, heating oil, diesel and petrol. Different data are used for this purpose. For electricity and gas, data from the stock exchanges are used. In contrast to electricity prices, the data on gas prices are referenced to a base year, as licensing issues still need to be clarified. Other price data is obtained from the Federal Statistical Office. However, the prices for electricity and gas do not directly result in the end consumer price that private and commercial customers pay to their local energy supply company. These end-customer prices depend, among other things, on the procurement strategy (long-term purchases or short-term purchases on the market) of the local energy supply company. In the case of electricity, the end-user price also depends on the share of electricity produced in the utility's own power plants, the quality of the electricity (renewable or not), the grid costs and levies. The national consumer price index (CPI) is decisive for end customer prices. It measures the price development (inflation) of goods and services that are important for private households (basket of goods). It shows by how much consumer goods have become more expensive compared to the previous month, the previous year or any other earlier point in time. The index is based on December 2020. The price development is measured on the basis of the basket of goods, which also includes the most important energy sources - i.e. also electricity. The calculation methodology is managed by the Federal Statistical Office.

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.

Prices in US dollars per barrel of WCS oil and in Canadian dollars per gigajoule of natural gas.

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.

WPM19 - Wholesale Price Index (Excl VAT) for Energy Products. Published by Central Statistics Office. Available under the license Creative Commons Attribution 4.0 (CC-BY-4.0).Wholesale Price Index (Excl VAT) for Energy Products...

Ireland WPI: Energy Products: excl Electricity data was reported at 173.800 2000=100 in Mar 2010. This records an increase from the previous number of 166.100 2000=100 for Feb 2010. Ireland WPI: Energy Products: excl Electricity data is updated monthly, averaging 113.100 2000=100 from Jan 2000 (Median) to Mar 2010, with 123 observations. The data reached an all-time high of 207.700 2000=100 in Jul 2008 and a record low of 87.800 2000=100 in Jan 2002. Ireland WPI: Energy Products: excl Electricity data remains active status in CEIC and is reported by Central Statistics Office of Ireland. The data is categorized under Global Database’s Ireland – Table IE.I018: Wholesale Price Index: 2000=100.

Ireland WPI: Energy Products: Electricity data was reported at 166.700 2000=100 in Mar 2010. This stayed constant from the previous number of 166.700 2000=100 for Feb 2010. Ireland WPI: Energy Products: Electricity data is updated monthly, averaging 144.800 2000=100 from Jan 2000 (Median) to Mar 2010, with 123 observations. The data reached an all-time high of 194.100 2000=100 in Dec 2008 and a record low of 100.000 2000=100 in Sep 2001. Ireland WPI: Energy Products: Electricity data remains active status in CEIC and is reported by Central Statistics Office of Ireland. The data is categorized under Global Database’s Ireland – Table IE.I018: Wholesale Price Index: 2000=100.

WPI: Energy Products: Petroleum Fuels data was reported at 104.700 2010=100 in Jan 2018. This records an increase from the previous number of 102.300 2010=100 for Dec 2017. WPI: Energy Products: Petroleum Fuels data is updated monthly, averaging 104.500 2010=100 from Jan 2010 (Median) to Jan 2018, with 97 observations. The data reached an all-time high of 122.800 2010=100 in Sep 2012 and a record low of 84.300 2010=100 in Feb 2016. WPI: Energy Products: Petroleum Fuels data remains active status in CEIC and is reported by Central Statistics Office of Ireland. The data is categorized under Global Database’s Ireland – Table IE.I016: Wholesale Price Index: 2010=100. Rebased from 2010=100 to 2015=100 Replacement series ID: 401394467

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.

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.

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.