In August 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, and in Estonia, it was ***** euros.

The average wholesale electricity price in September 2025 in the United Kingdom is forecast to amount to*******British pounds per megawatt-hour, a decrease from the previous month. A record high was reached in August 2022 when day-ahead baseload contracts averaged ***** British pounds per megawatt-hour. Electricity price stabilization in Europe Electricity prices increased in 2024 compared to the previous year, when prices stabilized after the energy supply shortage. Price spikes were driven by the growing wholesale prices of natural gas and coal worldwide, which are among the main sources of power in the region.

… and in the United Kingdom? The United Kingdom was one of the countries with the highest electricity prices worldwide during the energy crisis. Since then, prices have been stabilizing, almost to pre-energy crisis levels. The use of nuclear, wind, and bioenergy for electricity generation has been increasing recently. The fuel types are an alternative to fossil fuels and are part of the country's power generation plans going into the future.

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

Electricity prices in Europe are expected to remain volatile through 2025, with Italy projected to have some of the highest rates among major European economies. This trend reflects the ongoing challenges in the energy sector, including the transition to renewable sources and the impact of geopolitical events on supply chains. Despite efforts to stabilize the market, prices still have not returned to pre-pandemic levels, such as in countries like Italy, where prices are forecast to reach ****** euros per megawatt hour in August 2025. Natural gas futures shaping electricity costs The electricity market's future trajectory is closely tied to natural gas prices, a key component in power generation. Dutch TTF gas futures, a benchmark for European natural gas prices, are projected to be ***** euros per megawatt hour in July 2025. The reduced output from the Groningen gas field and increased reliance on imports further complicate the pricing landscape, potentially contributing to higher electricity costs in countries like Italy. Regional disparities and global market influences While European electricity prices remain high, significant regional differences persist. For instance, natural gas prices in the United States are expected to be roughly one-third of those in Europe by March 2025, at **** U.S. dollars per million British thermal units. This stark contrast highlights the impact of domestic production capabilities on global natural gas prices. Europe's greater reliance on imports, particularly in the aftermath of geopolitical tensions and the shift away from Russian gas, continues to keep prices elevated compared to more self-sufficient markets. As a result, countries like Italy may face sustained pressure on electricity prices due to their position within the broader European energy market. As of August 2025, electricity prices in Italy have decreased to ****** euros per megawatt hour, reflecting ongoing volatility in the market.

UK Electricity decreased 17.25 GBP/MWh or 16.84% 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 the observed period, weighted average monthly electricity prices on the day-ahead market in Poland increased from ****** zloty/MWh in January 2018 to over ****** zloty/MWh (****** EUR/MWh) in July 2025. The record weighted average price occurred in August 2022, exceeding ***** zloty. Consumption of electricity in Poland Electricity is essential to modern life and vital to every country’s economy. Starting in 1990, the final annual electricity consumption reached a value of ***** terawatt-hours. It eventually grew to *** tWh in 2023, which happened to be a *** percent decrease compared to the previous year. Consumption of solar photovoltaic power has become popular recently, and the capacity of solar photovoltaic per inhabitant in Poland has also significantly increased, rising from just *** watts per inhabitant in 2013 to ***** W/inhab in 2023. In 2023, **** million customers in Poland used electricity with consumption lower than ** 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 *** gigawatt-hours. In 2023, Poland's electricity production volume from solar photovoltaic power reached a peak of over ** terawatt hours. Another source of electricity production was the wind. The production of electricity from wind steadily increased from **** gigawatt-hours in 2000 to ****** 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 ****** gigawatt-hours. However, in 2022, the production decreased, reaching ***** GWh.

Germany Electricity decreased 18.76 EUR/MWh or 16.21% 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.

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

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.

France Electricity decreased 10.25 EUR/MWh or 14.67% 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.

The average wholesale electricity price in September 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 average wholesale electricity price in September 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.

Energy Prices In the Euro Area decreased to 144.19 points in August from 145.17 points in July of 2025. This dataset includes a chart with historical data for Euro Area Energy Prices.

Electricity prices in Germany are forecast to amount to ***** euros per megawatt-hour in September 2025. Electricity prices in the country have not yet recovered to pre-pandemic levels. 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. Despite Germany's progress in renewable energy sources, with over ** 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 ** 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 ** 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 **** and **** 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.

Spain Electricity decreased 37.21 EUR/MWh or 27.39% 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.

Sweden's electricity market has experienced significant fluctuations recently, with prices reaching a peak of ****** euros per megawatt-hour in December 2022. In September 2025, the average wholesale electricity price amounted to ***** euros per megawatt-hour, reflecting a substantial decrease from the historic high. Economic factors influencing electricity prices The fluctuations in electricity prices can be attributed to various economic factors affecting Sweden. The Consumer Price Index (CPI) in the country has shown a steady increase since 2015, rising from *** to 418.13 in 2025. Consumer sentiment and household concerns The economic instability has had a significant impact on consumer confidence in Sweden. In November 2023, the consumer confidence index (CCI) reached *****, having fallen to a low of 93.92 in October. This decrease in consumer sentiment was reflected in household concerns, with nearly two out of three Swedes expressing worry about increasing household expenses.

This dataset presents a unified, cross-continental time-series day-ahead electricity prices compiled from major wholesale markets across Asia, Europe, North America, South America, and Oceania. The dataset offers a standardized format that supports time-series forecasting and enables robust comparative analysis across diverse global electricity markets.