Electricity prices in Germany are forecast to amount to ***** euros per megawatt-hour in November 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 2024, 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.

Wholesale Energy Spot Market: Scarcity Price data was reported at 658.630 COP/kWh in 28 Nov 2025. This stayed constant from the previous number of 658.630 COP/kWh for 27 Nov 2025. Wholesale Energy Spot Market: Scarcity Price data is updated daily, averaging 945.060 COP/kWh from Jan 2020 (Median) to 28 Nov 2025, with 2159 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.P: 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

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.

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.

The average wholesale electricity price in November 2025 in Spain is forecast to amount to **** euros per megawatt-hour, a decrease compared to the previous month. The electricity price was roughly half compared to the same month 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 the same year, 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.

UK Electricity decreased 23.24 GBP/MWh or 22.68% 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 the United Kingdom Electricity Price.

Colombia Wholesale Energy Spot Market: Maximum Bag Price data was reported at 287.260 COP/kWh in 28 Nov 2025. This records an increase from the previous number of 268.240 COP/kWh for 27 Nov 2025. Colombia Wholesale Energy Spot Market: Maximum Bag Price data is updated daily, averaging 298.540 COP/kWh from Jan 2020 (Median) to 28 Nov 2025, with 2159 observations. The data reached an all-time high of 2,675.650 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.P: 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.

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.

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 17.60 EUR/MWh or 15.21% 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.

The data set contains wholesale power price time series data for Germany and France focussing on price setting effects in a long term low carbon European energy system context (scenario year 2050) generated with the model SCOPE SD of Fraunhofer Institute for Energy Economics and Energy System Technology IEE. The single time series are focussing on the price setting effects of different flexible technologies including both traditional and new market participants due to cross-sectoral integration.

Unit: Euro/Megawatthour

Abbreviations:

• BEV - Battery Electric Vehicles
• GER - Germany
• FRA - France
• OCGT - Open Cycle Gas Turbine
• PHEV - Plug-In Hybrid Vehicles
• RES - Renewable energy sources (here: wind and solar power)
• th. - thermal

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.

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 September 2025 in France is forecast to amount to******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 Power Market Outlook

According to our latest research, the global wholesale power market size in 2024 stands at USD 1,345 billion, with a robust compound annual growth rate (CAGR) of 6.2% projected through the period 2025 to 2033. By 2033, the market is expected to reach approximately USD 2,312 billion. This impressive growth trajectory is primarily driven by the accelerating integration of renewable energy sources, increasing demand for electricity due to urbanization, and the ongoing digital transformation of utility operations. The wholesale power market is witnessing significant transformation as power trading becomes more dynamic and decentralized, fueled by technological advancements and regulatory reforms that foster market transparency and competition.

One of the key growth factors propelling the wholesale power market is the global shift towards cleaner and more sustainable energy sources. Governments and regulatory bodies across the world are implementing stringent policies to reduce carbon emissions and promote the adoption of renewable energy such as solar, wind, and hydroelectric power. These initiatives are not only reshaping the generation mix but are also prompting utilities and independent power producers to invest heavily in grid modernization and flexible trading mechanisms. As a result, the share of renewables in the wholesale power market is steadily increasing, driving both market expansion and the need for sophisticated trading platforms that can efficiently manage intermittent and distributed energy resources.

Another significant driver is the rising demand for electricity from industrial, commercial, and residential sectors, particularly in emerging economies. Rapid urbanization, industrialization, and the proliferation of electric vehicles are leading to higher and more volatile electricity consumption patterns. This growing demand is compelling market participants to seek more efficient and reliable ways to balance supply and demand in real time. The adoption of advanced analytics, artificial intelligence, and automation in grid management and power trading is enhancing market efficiency, reducing operational risks, and enabling more accurate price discovery. Consequently, the wholesale power market is becoming increasingly attractive to new entrants and investors seeking to capitalize on these technological advancements.

Additionally, regulatory reforms and market liberalization in several regions are fostering transparency, competition, and cross-border electricity trading. By unbundling generation, transmission, and distribution, many countries are creating more open and competitive wholesale power markets. These reforms are encouraging the entry of independent power producers, aggregators, and financial players, thereby increasing market liquidity and driving innovation in trading products and services. Furthermore, the development of regional power pools and interconnections is enabling more efficient utilization of resources, reducing price volatility, and enhancing energy security. Such developments are expected to further boost the growth and dynamism of the global wholesale power market in the coming years.

From a regional perspective, Asia Pacific is emerging as the largest and fastest-growing market, accounting for over 38% of the global share in 2024. This growth is underpinned by rapid economic development, significant investments in renewable energy, and ambitious electrification targets in countries like China, India, and Southeast Asian nations. North America and Europe continue to lead in terms of market maturity, technological innovation, and regulatory frameworks, while Latin America and the Middle East & Africa are gradually expanding their wholesale power markets through infrastructure development and regional integration. The interplay of these regional dynamics is shaping a highly competitive and evolving global landscape for wholesale power trading.

Source Analysis

The wholesale power market is segmented by source into fossil fuels, renewable energy, nuclear power, hydroelectric power, and others. Fossil fuels, including coal, natural gas, and oil, currently represent the largest share of the market, accounting for approximately 48% of total wholesale electricity traded in 2024. Despite mounting environmental concerns and global decarbonization efforts, fossil fuels remain integral to many countries' energy portfolios due to their reliability and

Figure illustrating the volume weighted prices in the year before and year after the closure of the Hazelwood power station in Victoria. The Hazelwood power station closed at the end of March 2017. The volume weighted price was calculated for the from 1st of April 2016 to the 1st of April 2017, for the year before and year from 1st of April 2018 to the 1st of April 2018 for the year after.The raw data is also included as a csv file (RRP and DEMAND_AND_NONSCHEDGEN by region, for each trading interval between the beginning of April 2016 and the beginning of April 2018).

Finland Wholesale Price Index: MIG: Energy data was reported at 228.700 2000=100 in Dec 2011. This records a decrease from the previous number of 230.300 2000=100 for Nov 2011. Finland Wholesale Price Index: MIG: Energy data is updated monthly, averaging 137.450 2000=100 from Jan 2000 (Median) to Dec 2011, with 144 observations. The data reached an all-time high of 235.000 2000=100 in Apr 2011 and a record low of 92.400 2000=100 in Apr 2000. Finland Wholesale Price Index: MIG: Energy 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.

Explore the Wholesale Price Index dataset featuring manufacturing, mining and quarrying, agriculture, forestry and fishing data for Kuwait. Get insights on Index Number, % M/M Change, Food, Electricity, Energy, and more.

Manufacturing, Mining and quarrying, Agriculture, forestry and fishing, Index Number, % M/M Change, Food, TOTAL LESS FOOD, % Y/Y Change, ALL ITEMS, TOTAL LESS ENERGY, Electricity, gas, steam and water, Energy, TOTAL LESS ENERGY AND FOOD, Index, Period Change

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