Monthly report · day-ahead marketElectricity prices in Denmark, March 2024
In March 2024, electricity on the day-ahead market in West Denmark (DK1) cost an average of DKK 0.46/kWh (€61.24/MWh); with taxes, network charges and a sample supplier margin, the estimated final price was around DKK 2.22/kWh.
That is 4% more than in February 2024.
The cheapest day was Saturday, 23 March 2024, averaging DKK 0.23/kWh; the most expensive was Wednesday, 20 March 2024 at DKK 0.68/kWh.
The lowest price came on 23 March 2024 at 13:00 (DKK -0.02/kWh), the highest on 25 March 2024 at 18:00 (DKK 1.30/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 27% cheaper than weekdays.
Compared with
- Previous month (February 2024)
- DKK 0.44 ▲
- Weekdays
- DKK 0.50
- Weekends
- DKK 0.37
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 Mar Friday | DKK 0.48 | DKK 0.38 00:00 | DKK 0.70 18:00 | – | DKK 2.25 |
| 2 Mar Saturday | DKK 0.48 | DKK 0.41 04:00 | DKK 0.70 18:00 | – | DKK 2.25 |
| 3 Mar Sunday | DKK 0.45 | DKK 0.32 13:00 | DKK 0.63 18:00 | – | DKK 2.21 |
| 4 Mar Monday | DKK 0.52 | DKK 0.44 23:00 | DKK 0.77 08:00 | – | DKK 2.30 |
| 5 Mar Tuesday | DKK 0.48 | DKK 0.42 00:00 | DKK 0.78 18:00 | – | DKK 2.26 |
| 6 Mar Wednesday | DKK 0.62 | DKK 0.52 13:00 | DKK 0.89 18:00 | – | DKK 2.43 |
| 7 Mar Thursday | DKK 0.57 | DKK 0.45 13:00 | DKK 0.79 18:00 | – | DKK 2.36 |
| 8 Mar Friday | DKK 0.50 | DKK 0.30 15:00 | DKK 0.71 07:00 | – | DKK 2.27 |
| 9 Mar Saturday | DKK 0.32 | DKK -0.02 13:00 | DKK 0.46 18:00 | 3 | DKK 2.06 |
| 10 Mar Sunday | DKK 0.25 | DKK 0.00 11:00 | DKK 0.43 18:00 | 2 | DKK 1.97 |
| 11 Mar Monday | DKK 0.45 | DKK 0.36 00:00 | DKK 0.56 18:00 | – | DKK 2.22 |
| 12 Mar Tuesday | DKK 0.64 | DKK 0.49 03:00 | DKK 1.01 18:00 | – | DKK 2.46 |
| 13 Mar Wednesday | DKK 0.48 | DKK 0.38 20:00 | DKK 0.67 08:00 | – | DKK 2.25 |
| 14 Mar Thursday | DKK 0.40 | DKK 0.35 13:00 | DKK 0.51 17:00 | – | DKK 2.16 |
| 15 Mar Friday | DKK 0.37 | DKK 0.27 13:00 | DKK 0.48 08:00 | – | DKK 2.11 |
| 16 Mar Saturday | DKK 0.32 | DKK 0.08 14:00 | DKK 0.42 23:00 | – | DKK 2.06 |
| 17 Mar Sunday | DKK 0.44 | DKK 0.30 13:00 | DKK 0.70 18:00 | – | DKK 2.20 |
| 18 Mar Monday | DKK 0.51 | DKK 0.42 03:00 | DKK 0.73 20:00 | – | DKK 2.29 |
| 19 Mar Tuesday | DKK 0.54 | DKK 0.38 03:00 | DKK 0.93 19:00 | – | DKK 2.33 |
| 20 Mar Wednesday | DKK 0.68 | DKK 0.46 12:00 | DKK 1.26 18:00 | – | DKK 2.50 |
| 21 Mar Thursday | DKK 0.59 | DKK 0.42 23:00 | DKK 0.95 18:00 | – | DKK 2.39 |
| 22 Mar Friday | DKK 0.37 | DKK 0.15 00:00 | DKK 0.48 08:00 | – | DKK 2.11 |
| 23 Mar Saturday | DKK 0.23 | DKK -0.02 13:00 | DKK 0.44 19:00 | 5 | DKK 1.94 |
| 24 Mar Sunday | DKK 0.33 | DKK 0.08 02:00 | DKK 0.56 18:00 | – | DKK 2.07 |
| 25 Mar Monday | DKK 0.63 | DKK 0.46 12:00 | DKK 1.30 18:00 | – | DKK 2.44 |
| 26 Mar Tuesday | DKK 0.46 | DKK 0.28 14:00 | DKK 0.60 06:00 | – | DKK 2.23 |
| 27 Mar Wednesday | DKK 0.52 | DKK 0.39 04:00 | DKK 0.90 18:00 | – | DKK 2.30 |
| 28 Mar Thursday | DKK 0.39 | DKK 0.18 15:00 | DKK 0.60 08:00 | – | DKK 2.14 |
| 29 Mar Friday | DKK 0.28 | DKK 0.07 13:00 | DKK 0.79 19:00 | – | DKK 2.00 |
| 30 Mar Saturday | DKK 0.39 | DKK 0.10 13:00 | DKK 0.66 18:00 | – | DKK 2.14 |
| 31 Mar Sunday | DKK 0.45 | DKK 0.23 14:00 | DKK 0.87 19:00 | – | DKK 2.22 |
/kWh · Today · Methodology
In March 2024, electricity on the day-ahead market in East Denmark (DK2) cost an average of DKK 0.46/kWh (€61.05/MWh); with taxes, network charges and a sample supplier margin, the estimated final price was around DKK 2.09/kWh.
That is 12% more than in February 2024.
The cheapest day was Saturday, 16 March 2024, averaging DKK 0.24/kWh; the most expensive was Wednesday, 20 March 2024 at DKK 0.68/kWh.
The lowest price came on 9 March 2024 at 12:00 (DKK 0.00/kWh), the highest on 25 March 2024 at 18:00 (DKK 1.30/kWh).
On an average day, the cheapest three hours were 02:00–05:00. Weekends were on average 29% cheaper than weekdays.
Compared with
- Previous month (February 2024)
- DKK 0.41 ▲
- Weekdays
- DKK 0.50
- Weekends
- DKK 0.36
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 Mar Friday | DKK 0.45 | DKK 0.19 02:00 | DKK 0.70 18:00 | – | DKK 2.08 |
| 2 Mar Saturday | DKK 0.48 | DKK 0.41 04:00 | DKK 0.70 18:00 | – | DKK 2.12 |
| 3 Mar Sunday | DKK 0.45 | DKK 0.32 13:00 | DKK 0.63 18:00 | – | DKK 2.08 |
| 4 Mar Monday | DKK 0.49 | DKK 0.43 23:00 | DKK 0.74 08:00 | – | DKK 2.13 |
| 5 Mar Tuesday | DKK 0.48 | DKK 0.42 00:00 | DKK 0.78 18:00 | – | DKK 2.12 |
| 6 Mar Wednesday | DKK 0.62 | DKK 0.52 13:00 | DKK 0.89 18:00 | – | DKK 2.29 |
| 7 Mar Thursday | DKK 0.57 | DKK 0.45 13:00 | DKK 0.79 18:00 | – | DKK 2.23 |
| 8 Mar Friday | DKK 0.50 | DKK 0.39 14:00 | DKK 0.71 07:00 | – | DKK 2.15 |
| 9 Mar Saturday | DKK 0.32 | DKK 0.00 12:00 | DKK 0.46 18:00 | – | DKK 1.92 |
| 10 Mar Sunday | DKK 0.25 | DKK 0.01 12:00 | DKK 0.43 18:00 | – | DKK 1.84 |
| 11 Mar Monday | DKK 0.43 | DKK 0.25 01:00 | DKK 0.56 18:00 | – | DKK 2.06 |
| 12 Mar Tuesday | DKK 0.64 | DKK 0.49 03:00 | DKK 1.01 18:00 | – | DKK 2.33 |
| 13 Mar Wednesday | DKK 0.51 | DKK 0.38 20:00 | DKK 0.71 18:00 | – | DKK 2.16 |
| 14 Mar Thursday | DKK 0.40 | DKK 0.24 23:00 | DKK 0.51 17:00 | – | DKK 2.02 |
| 15 Mar Friday | DKK 0.36 | DKK 0.28 04:00 | DKK 0.48 08:00 | – | DKK 1.98 |
| 16 Mar Saturday | DKK 0.24 | DKK 0.10 14:00 | DKK 0.29 10:00 | – | DKK 1.83 |
| 17 Mar Sunday | DKK 0.39 | DKK 0.20 00:00 | DKK 0.70 18:00 | – | DKK 2.01 |
| 18 Mar Monday | DKK 0.59 | DKK 0.42 03:00 | DKK 1.06 18:00 | – | DKK 2.25 |
| 19 Mar Tuesday | DKK 0.59 | DKK 0.41 12:00 | DKK 0.96 18:00 | – | DKK 2.26 |
| 20 Mar Wednesday | DKK 0.68 | DKK 0.46 12:00 | DKK 1.26 18:00 | – | DKK 2.37 |
| 21 Mar Thursday | DKK 0.60 | DKK 0.42 23:00 | DKK 0.95 18:00 | – | DKK 2.27 |
| 22 Mar Friday | DKK 0.37 | DKK 0.22 03:00 | DKK 0.48 17:00 | – | DKK 1.98 |
| 23 Mar Saturday | DKK 0.25 | DKK 0.00 13:00 | DKK 0.44 19:00 | – | DKK 1.83 |
| 24 Mar Sunday | DKK 0.36 | DKK 0.15 04:00 | DKK 0.56 18:00 | – | DKK 1.97 |
| 25 Mar Monday | DKK 0.63 | DKK 0.46 12:00 | DKK 1.30 18:00 | – | DKK 2.31 |
| 26 Mar Tuesday | DKK 0.47 | DKK 0.36 13:00 | DKK 0.60 06:00 | – | DKK 2.11 |
| 27 Mar Wednesday | DKK 0.52 | DKK 0.39 04:00 | DKK 0.90 18:00 | – | DKK 2.17 |
| 28 Mar Thursday | DKK 0.38 | DKK 0.18 23:00 | DKK 0.60 08:00 | – | DKK 1.99 |
| 29 Mar Friday | DKK 0.28 | DKK 0.07 13:00 | DKK 0.79 19:00 | – | DKK 1.87 |
| 30 Mar Saturday | DKK 0.38 | DKK 0.10 13:00 | DKK 0.66 18:00 | – | DKK 2.00 |
| 31 Mar Sunday | DKK 0.45 | DKK 0.23 14:00 | DKK 0.87 19:00 | – | DKK 2.09 |
/kWh · Today · Methodology