In April 2025, the highest electricity prices in the region were recorded in ***************, where *** MWh cost nearly ** euros. For comparison, in Latvia and Lithuania, the wholesale price of *** MWh was over ** euros.

A comparative table of weekly UK wholesale market prices across key energy commodities, including gas, electricity, coal, EUA carbon, UKA carbon, and Brent crude oil. The table includes current, previous, and year-on-year values for both day-ahead and year-ahead contracts, as well as 12-month highs and lows.

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

In April 2025, the average wholesale electricity price in France amounted to 42.21 euros per megawatt-hour, a decrease from the previous month. The electricity price was more than twice as high during the same month the previous year.

Wholesale Energy Spot Market: Scarcity Price data was reported at 724.310 COP/kWh in 12 May 2025. This stayed constant from the previous number of 724.310 COP/kWh for 11 May 2025. Wholesale Energy Spot Market: Scarcity Price data is updated daily, averaging 751.310 COP/kWh from Jan 2020 (Median) to 12 May 2025, with 1959 observations. The data reached an all-time high of 1,037.230 COP/kWh in 30 Aug 2022 and a record low of 303.840 COP/kWh in 29 Jun 2020. Wholesale Energy Spot Market: Scarcity 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. The Colombian Energy Exchange, managed by XM, in which generators and traders participate, selling and buying energy at the exchange price, has a ceiling price for the sale of energy called scarcity price, which corresponds to the maximum value that the country's demand can pay for energy. This price is calculated monthly according to the calculations established in the regulation that defines the reliability charge scheme. The scarcity price is determined according to the variable costs associated with the SIN (Sistema Interconectado Nacional) and the price of the fuel

UK Electricity decreased 27.25 GBP/MWh or 26.60% 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.

The average wholesale electricity price in July 2025 in Ireland is forecast to amount to******* euros per megawatt-hour. During the period in consideration, figures reached a record high in March 2022, at over *** euros per megawatt-hour.

The statistic gives the average wholesale electricity spot price in 2010, by selected U.S. region. Houston had an average wholesale electricity price of around 42 U.S. dollars per megawatt hour in 2010.

Daily data showing the System Price of electricity, and rolling seven-day average, in Great Britain. These are official statistics in development. Source: Elexon.

Germany Electricity decreased 29.73 EUR/MWh or 25.69% 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.

The average wholesale electricity price in July 2025 in Spain is forecast to amount to ***** euros per megawatt-hour, a decrease compared to the previous month. The electricity price was equal to the same period in the previous year. Renewable energy dominance Wind energy has emerged as the leading source of electricity generation in Spain, accounting for over ** percent of the total in 2024. This shift towards renewables is further evidenced by the country's installed power capacity, which exceeded *** gigawatts in 2024. Solar photovoltaic leads with **** gigawatts of installed capacity, followed by wind and combined cycle. The growth in renewable energy capacity has been a key factor in shaping Spain's electricity market and influencing price trends. Consumption patterns and price fluctuations Despite the increase in renewable energy capacity, electricity consumption in Spain decreased to ****** terawatt hours in 2024, up from the previous year. In 2023, the average price of electricity was **** euros per megawatt-hour, a notable decrease from the record high of ***** euros per megawatt-hour in 2022. These price movements reflect the complex interplay between supply, demand, and the ongoing transition to renewable energy sources in Spain's electricity market.

The information contained in the dataset was compiled using data provided by official sources. This study combines the use of two main datasets. The first is provided by the Colombian electricity market operator XM, available on its website (www.xm.com.co) under the heading ‘Portal BI’. The second source is provided by Colombia's National Administrative Department of Statistics (DANE) (www.dane.gov.co). Portal BI provides information for each electricity-generating plant on the following variables: bid price (BP), positive reconciliation (PR), electricity generation (GEN), energy inputs (IN) and system marginal prices (SMP). The index of industrial employment (IE) is obtained from DANE. The model is estimated with daily data over the period January 2005–August 2015.

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.

Spain Electricity decreased 37.61 EUR/MWh or 27.68% 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.

Colombia Wholesale Energy Spot Market: Maximum Bag Price data was reported at 1,026.590 COP/kWh in 12 May 2025. This records an increase from the previous number of 850.670 COP/kWh for 11 May 2025. Colombia Wholesale Energy Spot Market: Maximum Bag Price data is updated daily, averaging 357.710 COP/kWh from Jan 2020 (Median) to 12 May 2025, with 1959 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 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.

Context

On 1st September 2006, the Wholesale Electricity and Capacity Market was launched in Russia. The nodal pricing system is applied to the wholesale market: each node gets an individual price value for a certain hour. For the price analysis and forecast problem, the analyst uses the weighted average of the nodal prices for certain territory such as price zone, united energy system and others. More details about the Wholesale Electricity and Capacity Market of Russia you will find in my latest paper The Three-Headed Dragon: Electricity, Trading, Analysis.

Content

The data files include

1. the weighted average of the nodal day ahead prices for the European and Siberian price zones of the market;
2. the weighted average of the nodal day ahead prices for six United Energy Systems: NorthWest, Centre, Ural, South, Middle Volga and Siberia;
3. the day ahead scheduled volume for the European and Siberian price zones;
4. the weighted average of the nodal intraday prices for three United Energy Systems: NorthWest, Centre and Siberia

Acknowledgements

The present prices and volumes are available openly on the Power Exchange and the System Operator websites as a part of the market transparency policy.

Inspiration

Both the price and electricity consumption forecast problem is highly important on the Wholesale Electricity Market. Thus, the questions:

• What price should we expect tomorrow, next week, next year?
• What electricity consumption should we expect tomorrow, next week, next year?

The average wholesale electricity price in July 2025 in Serbia is forecast to amount to****** euros per megawatt-hour, a decrease from the previous month. Figures reached a record high of *** euros per megawatt-hour in August 2022.

As of June 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 June 2025, other Nordic countries see varying rates. Norway, 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 are 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.