Monthly report · day-ahead marketElectricity prices in Denmark, February 2024
In February 2024, electricity on the day-ahead market in West Denmark (DK1) cost an average of DKK 0.44/kWh (€58.63/MWh); with taxes, network charges and a sample supplier margin, the estimated final price was around DKK 2.20/kWh.
That is 22% less than in January 2024.
The cheapest day was Sunday, 4 February 2024, averaging DKK 0.12/kWh; the most expensive was Thursday, 8 February 2024 at DKK 0.66/kWh.
The lowest price came on 4 February 2024 at 04:00 (DKK 0.00/kWh), the highest on 7 February 2024 at 18:00 (DKK 1.02/kWh).
On an average day, the cheapest three hours were 02:00–05:00. Weekends were on average 15% cheaper than weekdays.
Compared with
- Previous month (January 2024)
- DKK 0.56 ▼
- Weekdays
- DKK 0.46
- Weekends
- DKK 0.39
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 Feb Thursday | DKK 0.38 | DKK 0.31 01:00 | DKK 0.41 18:00 | – | DKK 2.12 |
| 2 Feb Friday | DKK 0.39 | DKK 0.27 23:00 | DKK 0.45 08:00 | – | DKK 2.14 |
| 3 Feb Saturday | DKK 0.26 | DKK 0.05 02:00 | DKK 0.43 17:00 | – | DKK 1.98 |
| 4 Feb Sunday | DKK 0.12 | DKK 0.00 04:00 | DKK 0.34 18:00 | – | DKK 1.80 |
| 5 Feb Monday | DKK 0.31 | DKK 0.00 04:00 | DKK 0.51 18:00 | – | DKK 2.04 |
| 6 Feb Tuesday | DKK 0.36 | DKK 0.02 04:00 | DKK 0.51 07:00 | – | DKK 2.11 |
| 7 Feb Wednesday | DKK 0.59 | DKK 0.28 01:00 | DKK 1.02 18:00 | – | DKK 2.39 |
| 8 Feb Thursday | DKK 0.66 | DKK 0.49 23:00 | DKK 0.99 08:00 | – | DKK 2.47 |
| 9 Feb Friday | DKK 0.47 | DKK 0.37 04:00 | DKK 0.57 18:00 | – | DKK 2.24 |
| 10 Feb Saturday | DKK 0.50 | DKK 0.46 00:00 | DKK 0.66 17:00 | – | DKK 2.27 |
| 11 Feb Sunday | DKK 0.46 | DKK 0.33 04:00 | DKK 0.60 18:00 | – | DKK 2.22 |
| 12 Feb Monday | DKK 0.56 | DKK 0.44 04:00 | DKK 0.78 08:00 | – | DKK 2.35 |
| 13 Feb Tuesday | DKK 0.53 | DKK 0.45 04:00 | DKK 0.74 18:00 | – | DKK 2.32 |
| 14 Feb Wednesday | DKK 0.51 | DKK 0.41 03:00 | DKK 0.65 18:00 | – | DKK 2.29 |
| 15 Feb Thursday | DKK 0.52 | DKK 0.44 23:00 | DKK 0.65 18:00 | – | DKK 2.31 |
| 16 Feb Friday | DKK 0.41 | DKK 0.36 03:00 | DKK 0.47 08:00 | – | DKK 2.16 |
| 17 Feb Saturday | DKK 0.49 | DKK 0.36 01:00 | DKK 0.82 18:00 | – | DKK 2.26 |
| 18 Feb Sunday | DKK 0.40 | DKK 0.30 13:00 | DKK 0.55 18:00 | – | DKK 2.15 |
| 19 Feb Monday | DKK 0.47 | DKK 0.32 01:00 | DKK 0.73 18:00 | – | DKK 2.24 |
| 20 Feb Tuesday | DKK 0.45 | DKK 0.37 22:00 | DKK 0.67 08:00 | – | DKK 2.21 |
| 21 Feb Wednesday | DKK 0.38 | DKK 0.26 23:00 | DKK 0.48 18:00 | – | DKK 2.13 |
| 22 Feb Thursday | DKK 0.37 | DKK 0.01 23:00 | DKK 0.61 08:00 | – | DKK 2.11 |
| 23 Feb Friday | DKK 0.28 | DKK 0.00 03:00 | DKK 0.43 23:00 | – | DKK 2.00 |
| 24 Feb Saturday | DKK 0.43 | DKK 0.24 13:00 | DKK 0.60 18:00 | – | DKK 2.18 |
| 25 Feb Sunday | DKK 0.46 | DKK 0.34 13:00 | DKK 0.70 18:00 | – | DKK 2.22 |
| 26 Feb Monday | DKK 0.49 | DKK 0.39 03:00 | DKK 0.64 18:00 | – | DKK 2.27 |
| 27 Feb Tuesday | DKK 0.55 | DKK 0.42 03:00 | DKK 0.83 18:00 | – | DKK 2.34 |
| 28 Feb Wednesday | DKK 0.51 | DKK 0.35 23:00 | DKK 0.77 08:00 | – | DKK 2.29 |
| 29 Feb Thursday | DKK 0.37 | DKK 0.31 04:00 | DKK 0.47 17:00 | – | DKK 2.12 |
/kWh · Today · Methodology
In February 2024, electricity on the day-ahead market in East Denmark (DK2) cost an average of DKK 0.41/kWh (€54.72/MWh); with taxes, network charges and a sample supplier margin, the estimated final price was around DKK 2.03/kWh.
That is 30% less than in January 2024.
The cheapest day was Sunday, 4 February 2024, averaging DKK 0.10/kWh; the most expensive was Thursday, 8 February 2024 at DKK 0.66/kWh.
The lowest price came on 4 February 2024 at 03:00 (DKK 0.00/kWh), the highest on 7 February 2024 at 18:00 (DKK 1.02/kWh).
On an average day, the cheapest three hours were 03:00–06:00. Weekends were on average 18% cheaper than weekdays.
Compared with
- Previous month (January 2024)
- DKK 0.58 ▼
- Weekdays
- DKK 0.43
- Weekends
- DKK 0.35
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 · 03:00–06:00
All days
| Day | Average | Lowest | Highest | Hours < 0 | Final (est.) |
|---|---|---|---|---|---|
| 1 Feb Thursday | DKK 0.15 | DKK 0.04 04:00 | DKK 0.41 18:00 | – | DKK 1.71 |
| 2 Feb Friday | DKK 0.28 | DKK 0.16 23:00 | DKK 0.45 08:00 | – | DKK 1.87 |
| 3 Feb Saturday | DKK 0.20 | DKK 0.01 04:00 | DKK 0.43 17:00 | – | DKK 1.77 |
| 4 Feb Sunday | DKK 0.10 | DKK 0.00 03:00 | DKK 0.31 18:00 | – | DKK 1.65 |
| 5 Feb Monday | DKK 0.33 | DKK 0.04 03:00 | DKK 0.51 18:00 | – | DKK 1.93 |
| 6 Feb Tuesday | DKK 0.43 | DKK 0.17 05:00 | DKK 0.55 08:00 | – | DKK 2.06 |
| 7 Feb Wednesday | DKK 0.60 | DKK 0.32 02:00 | DKK 1.02 18:00 | – | DKK 2.27 |
| 8 Feb Thursday | DKK 0.66 | DKK 0.49 23:00 | DKK 0.99 08:00 | – | DKK 2.34 |
| 9 Feb Friday | DKK 0.51 | DKK 0.45 05:00 | DKK 0.57 17:00 | – | DKK 2.16 |
| 10 Feb Saturday | DKK 0.50 | DKK 0.46 00:00 | DKK 0.66 17:00 | – | DKK 2.14 |
| 11 Feb Sunday | DKK 0.44 | DKK 0.33 04:00 | DKK 0.60 18:00 | – | DKK 2.07 |
| 12 Feb Monday | DKK 0.55 | DKK 0.43 03:00 | DKK 0.78 08:00 | – | DKK 2.21 |
| 13 Feb Tuesday | DKK 0.53 | DKK 0.44 03:00 | DKK 0.74 18:00 | – | DKK 2.18 |
| 14 Feb Wednesday | DKK 0.51 | DKK 0.41 03:00 | DKK 0.65 18:00 | – | DKK 2.15 |
| 15 Feb Thursday | DKK 0.52 | DKK 0.44 23:00 | DKK 0.65 17:00 | – | DKK 2.18 |
| 16 Feb Friday | DKK 0.31 | DKK 0.15 23:00 | DKK 0.47 08:00 | – | DKK 1.90 |
| 17 Feb Saturday | DKK 0.34 | DKK 0.07 05:00 | DKK 0.82 18:00 | – | DKK 1.94 |
| 18 Feb Sunday | DKK 0.35 | DKK 0.30 13:00 | DKK 0.46 00:00 | – | DKK 1.95 |
| 19 Feb Monday | DKK 0.47 | DKK 0.32 01:00 | DKK 0.73 18:00 | – | DKK 2.11 |
| 20 Feb Tuesday | DKK 0.44 | DKK 0.27 23:00 | DKK 0.66 08:00 | – | DKK 2.06 |
| 21 Feb Wednesday | DKK 0.37 | DKK 0.26 23:00 | DKK 0.51 17:00 | – | DKK 1.98 |
| 22 Feb Thursday | DKK 0.36 | DKK 0.01 23:00 | DKK 0.61 08:00 | – | DKK 1.97 |
| 23 Feb Friday | DKK 0.12 | DKK 0.00 04:00 | DKK 0.43 18:00 | – | DKK 1.67 |
| 24 Feb Saturday | DKK 0.43 | DKK 0.24 13:00 | DKK 0.60 18:00 | – | DKK 2.05 |
| 25 Feb Sunday | DKK 0.46 | DKK 0.34 13:00 | DKK 0.70 18:00 | – | DKK 2.09 |
| 26 Feb Monday | DKK 0.49 | DKK 0.39 03:00 | DKK 0.64 18:00 | – | DKK 2.14 |
| 27 Feb Tuesday | DKK 0.55 | DKK 0.42 03:00 | DKK 0.83 18:00 | – | DKK 2.21 |
| 28 Feb Wednesday | DKK 0.52 | DKK 0.35 23:00 | DKK 0.78 08:00 | – | DKK 2.17 |
| 29 Feb Thursday | DKK 0.30 | DKK 0.18 11:00 | DKK 0.47 17:00 | – | DKK 1.90 |
/kWh · Today · Methodology