Monthly report · day-ahead marketElectricity prices in Denmark, January 2024
In January 2024, electricity on the day-ahead market in West Denmark (DK1) cost an average of DKK 0.56/kWh (€74.71/MWh); with taxes, network charges and a sample supplier margin, the estimated final price was around DKK 2.35/kWh.
The cheapest day was Monday, 1 January 2024, averaging DKK 0.25/kWh; the most expensive was Wednesday, 10 January 2024 at DKK 0.83/kWh.
The lowest price came on 24 January 2024 at 05:00 (DKK 0.00/kWh), the highest on 16 January 2024 at 09:00 (DKK 1.12/kWh). In total, prices were below zero for 10 hours.
On an average day, the cheapest three hours were 02:00–05:00. Weekends were on average 9% cheaper than weekdays.
Compared with
- Weekdays
- DKK 0.57
- Weekends
- DKK 0.52
Wholesale price · /kWh
Price by day
Daily wholesale average; the line marks the monthly average.
/kWh
The average day
Average wholesale price for each hour of the day this month.
/kWh · 02:00–05:00
All days
| Day | Average | Lowest | Highest | Hours < 0 | Final (est.) |
|---|---|---|---|---|---|
| 1 Jan Monday | DKK 0.25 | DKK 0.00 06:00 | DKK 0.48 17:00 | 4 | DKK 1.96 |
| 2 Jan Tuesday | DKK 0.40 | DKK 0.08 04:00 | DKK 0.61 16:00 | – | DKK 2.15 |
| 3 Jan Wednesday | DKK 0.34 | DKK 0.00 01:00 | DKK 0.62 18:00 | 2 | DKK 2.08 |
| 4 Jan Thursday | DKK 0.64 | DKK 0.19 03:00 | DKK 1.08 18:00 | – | DKK 2.45 |
| 5 Jan Friday | DKK 0.68 | DKK 0.55 03:00 | DKK 0.81 18:00 | – | DKK 2.50 |
| 6 Jan Saturday | DKK 0.66 | DKK 0.54 03:00 | DKK 0.78 17:00 | – | DKK 2.48 |
| 7 Jan Sunday | DKK 0.65 | DKK 0.55 04:00 | DKK 0.78 18:00 | – | DKK 2.46 |
| 8 Jan Monday | DKK 0.77 | DKK 0.58 04:00 | DKK 0.97 18:00 | – | DKK 2.61 |
| 9 Jan Tuesday | DKK 0.82 | DKK 0.63 03:00 | DKK 1.03 17:00 | – | DKK 2.67 |
| 10 Jan Wednesday | DKK 0.83 | DKK 0.64 03:00 | DKK 1.07 17:00 | – | DKK 2.69 |
| 11 Jan Thursday | DKK 0.82 | DKK 0.61 04:00 | DKK 1.12 17:00 | – | DKK 2.67 |
| 12 Jan Friday | DKK 0.78 | DKK 0.61 23:00 | DKK 1.05 08:00 | – | DKK 2.63 |
| 13 Jan Saturday | DKK 0.52 | DKK 0.47 23:00 | DKK 0.57 18:00 | – | DKK 2.31 |
| 14 Jan Sunday | DKK 0.57 | DKK 0.46 01:00 | DKK 0.71 18:00 | – | DKK 2.36 |
| 15 Jan Monday | DKK 0.65 | DKK 0.46 03:00 | DKK 0.86 18:00 | – | DKK 2.46 |
| 16 Jan Tuesday | DKK 0.77 | DKK 0.58 04:00 | DKK 1.12 09:00 | – | DKK 2.61 |
| 17 Jan Wednesday | DKK 0.73 | DKK 0.49 05:00 | DKK 1.05 17:00 | – | DKK 2.56 |
| 18 Jan Thursday | DKK 0.69 | DKK 0.53 23:00 | DKK 0.94 08:00 | – | DKK 2.51 |
| 19 Jan Friday | DKK 0.58 | DKK 0.47 03:00 | DKK 0.78 08:00 | – | DKK 2.37 |
| 20 Jan Saturday | DKK 0.55 | DKK 0.46 05:00 | DKK 0.74 18:00 | – | DKK 2.33 |
| 21 Jan Sunday | DKK 0.37 | DKK 0.28 13:00 | DKK 0.46 18:00 | – | DKK 2.12 |
| 22 Jan Monday | DKK 0.36 | DKK 0.04 03:00 | DKK 0.50 08:00 | – | DKK 2.10 |
| 23 Jan Tuesday | DKK 0.36 | DKK 0.03 03:00 | DKK 0.51 17:00 | – | DKK 2.10 |
| 24 Jan Wednesday | DKK 0.25 | DKK 0.00 05:00 | DKK 0.40 17:00 | 4 | DKK 1.96 |
| 25 Jan Thursday | DKK 0.57 | DKK 0.32 02:00 | DKK 0.92 17:00 | – | DKK 2.36 |
| 26 Jan Friday | DKK 0.42 | DKK 0.35 13:00 | DKK 0.48 08:00 | – | DKK 2.17 |
| 27 Jan Saturday | DKK 0.43 | DKK 0.40 13:00 | DKK 0.46 17:00 | – | DKK 2.19 |
| 28 Jan Sunday | DKK 0.41 | DKK 0.30 13:00 | DKK 0.50 00:00 | – | DKK 2.16 |
| 29 Jan Monday | DKK 0.58 | DKK 0.35 01:00 | DKK 0.95 17:00 | – | DKK 2.38 |
| 30 Jan Tuesday | DKK 0.50 | DKK 0.40 23:00 | DKK 0.63 09:00 | – | DKK 2.27 |
| 31 Jan Wednesday | DKK 0.36 | DKK 0.25 22:00 | DKK 0.43 08:00 | – | DKK 2.10 |
/kWh · Today · Methodology
In January 2024, electricity on the day-ahead market in East Denmark (DK2) cost an average of DKK 0.58/kWh (€78.21/MWh); with taxes, network charges and a sample supplier margin, the estimated final price was around DKK 2.25/kWh.
The cheapest day was Wednesday, 31 January 2024, averaging DKK 0.19/kWh; the most expensive was Friday, 5 January 2024 at DKK 1.45/kWh.
The lowest price came on 31 January 2024 at 23:00 (DKK 0.01/kWh), the highest on 5 January 2024 at 17:00 (DKK 3.92/kWh).
On an average day, the cheapest three hours were 02:00–05:00. Weekends were on average 18% cheaper than weekdays.
Compared with
- Weekdays
- DKK 0.61
- Weekends
- DKK 0.50
Wholesale price · /kWh
Price by day
Daily wholesale average; the line marks the monthly average.
/kWh
The average day
Average wholesale price for each hour of the day this month.
/kWh · 02:00–05:00
All days
| Day | Average | Lowest | Highest | Hours < 0 | Final (est.) |
|---|---|---|---|---|---|
| 1 Jan Monday | DKK 0.29 | DKK 0.12 06:00 | DKK 0.48 17:00 | – | DKK 1.88 |
| 2 Jan Tuesday | DKK 0.43 | DKK 0.22 23:00 | DKK 0.61 16:00 | – | DKK 2.06 |
| 3 Jan Wednesday | DKK 0.40 | DKK 0.12 01:00 | DKK 0.62 18:00 | – | DKK 2.02 |
| 4 Jan Thursday | DKK 0.66 | DKK 0.40 01:00 | DKK 1.08 18:00 | – | DKK 2.34 |
| 5 Jan Friday | DKK 1.45 | DKK 0.60 02:00 | DKK 3.92 17:00 | – | DKK 3.33 |
| 6 Jan Saturday | DKK 0.70 | DKK 0.61 02:00 | DKK 0.88 17:00 | – | DKK 2.39 |
| 7 Jan Sunday | DKK 0.66 | DKK 0.57 04:00 | DKK 0.79 18:00 | – | DKK 2.34 |
| 8 Jan Monday | DKK 0.77 | DKK 0.58 04:00 | DKK 0.99 17:00 | – | DKK 2.48 |
| 9 Jan Tuesday | DKK 0.82 | DKK 0.63 03:00 | DKK 1.03 17:00 | – | DKK 2.54 |
| 10 Jan Wednesday | DKK 0.84 | DKK 0.64 03:00 | DKK 1.07 17:00 | – | DKK 2.57 |
| 11 Jan Thursday | DKK 0.82 | DKK 0.61 04:00 | DKK 1.12 17:00 | – | DKK 2.54 |
| 12 Jan Friday | DKK 0.79 | DKK 0.63 04:00 | DKK 1.05 08:00 | – | DKK 2.51 |
| 13 Jan Saturday | DKK 0.51 | DKK 0.34 06:00 | DKK 0.57 18:00 | – | DKK 2.15 |
| 14 Jan Sunday | DKK 0.57 | DKK 0.46 01:00 | DKK 0.71 18:00 | – | DKK 2.23 |
| 15 Jan Monday | DKK 0.65 | DKK 0.46 03:00 | DKK 0.86 18:00 | – | DKK 2.33 |
| 16 Jan Tuesday | DKK 1.04 | DKK 0.58 04:00 | DKK 2.05 08:00 | – | DKK 2.81 |
| 17 Jan Wednesday | DKK 0.73 | DKK 0.50 05:00 | DKK 1.05 17:00 | – | DKK 2.44 |
| 18 Jan Thursday | DKK 0.69 | DKK 0.53 23:00 | DKK 0.94 08:00 | – | DKK 2.38 |
| 19 Jan Friday | DKK 0.61 | DKK 0.47 03:00 | DKK 0.86 17:00 | – | DKK 2.28 |
| 20 Jan Saturday | DKK 0.55 | DKK 0.46 05:00 | DKK 0.75 18:00 | – | DKK 2.21 |
| 21 Jan Sunday | DKK 0.37 | DKK 0.22 23:00 | DKK 0.46 18:00 | – | DKK 1.98 |
| 22 Jan Monday | DKK 0.34 | DKK 0.04 03:00 | DKK 0.50 08:00 | – | DKK 1.94 |
| 23 Jan Tuesday | DKK 0.32 | DKK 0.03 03:00 | DKK 0.51 17:00 | – | DKK 1.92 |
| 24 Jan Wednesday | DKK 0.29 | DKK 0.13 04:00 | DKK 0.40 17:00 | – | DKK 1.88 |
| 25 Jan Thursday | DKK 0.57 | DKK 0.32 02:00 | DKK 0.92 17:00 | – | DKK 2.23 |
| 26 Jan Friday | DKK 0.38 | DKK 0.16 23:00 | DKK 0.48 08:00 | – | DKK 1.99 |
| 27 Jan Saturday | DKK 0.30 | DKK 0.13 02:00 | DKK 0.46 17:00 | – | DKK 1.90 |
| 28 Jan Sunday | DKK 0.36 | DKK 0.05 23:00 | DKK 0.50 00:00 | – | DKK 1.97 |
| 29 Jan Monday | DKK 0.50 | DKK 0.07 01:00 | DKK 0.95 17:00 | – | DKK 2.15 |
| 30 Jan Tuesday | DKK 0.49 | DKK 0.17 22:00 | DKK 0.72 08:00 | – | DKK 2.14 |
| 31 Jan Wednesday | DKK 0.19 | DKK 0.01 23:00 | DKK 0.43 08:00 | – | DKK 1.76 |
/kWh · Today · Methodology