Monthly report · day-ahead marketElectricity prices in Denmark, July 2024
In July 2024, electricity on the day-ahead market in West Denmark (DK1) cost an average of DKK 0.46/kWh (€62.03/MWh); with taxes, network charges and a sample supplier margin, the estimated final price was around DKK 1.99/kWh.
That is 3% less than in June 2024.
The cheapest day was Saturday, 6 July 2024, averaging DKK 0.12/kWh; the most expensive was Thursday, 11 July 2024 at DKK 0.68/kWh.
The lowest price came on 28 July 2024 at 14:00 (DKK -0.36/kWh), the highest on 8 July 2024 at 20:00 (DKK 1.86/kWh). In total, prices were below zero for 74 hours.
On an average day, the cheapest three hours were 13:00–16:00. Weekends were on average 39% cheaper than weekdays.
Compared with
- Previous month (June 2024)
- DKK 0.48 ▼
- Weekdays
- DKK 0.51
- Weekends
- DKK 0.31
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 · 13:00–16:00
All days
| Day | Average | Lowest | Highest | Hours < 0 | Final (est.) |
|---|---|---|---|---|---|
| 1 Jul Monday | DKK 0.63 | DKK 0.23 16:00 | DKK 1.02 07:00 | – | DKK 2.21 |
| 2 Jul Tuesday | DKK 0.36 | DKK 0.24 15:00 | DKK 0.61 08:00 | – | DKK 1.87 |
| 3 Jul Wednesday | DKK 0.49 | DKK 0.27 02:00 | DKK 1.15 20:00 | – | DKK 2.03 |
| 4 Jul Thursday | DKK 0.13 | DKK -0.14 14:00 | DKK 0.44 00:00 | 6 | DKK 1.58 |
| 5 Jul Friday | DKK 0.15 | DKK -0.01 14:00 | DKK 0.63 23:00 | 4 | DKK 1.60 |
| 6 Jul Saturday | DKK 0.12 | DKK -0.02 15:00 | DKK 0.64 00:00 | 8 | DKK 1.56 |
| 7 Jul Sunday | DKK 0.16 | DKK -0.16 14:00 | DKK 0.95 21:00 | 18 | DKK 1.61 |
| 8 Jul Monday | DKK 0.66 | DKK 0.22 13:00 | DKK 1.86 20:00 | – | DKK 2.23 |
| 9 Jul Tuesday | DKK 0.54 | DKK 0.03 14:00 | DKK 0.84 20:00 | – | DKK 2.08 |
| 10 Jul Wednesday | DKK 0.48 | DKK 0.21 03:00 | DKK 1.12 21:00 | – | DKK 2.01 |
| 11 Jul Thursday | DKK 0.68 | DKK 0.33 14:00 | DKK 1.38 20:00 | – | DKK 2.26 |
| 12 Jul Friday | DKK 0.66 | DKK 0.52 23:00 | DKK 0.82 07:00 | – | DKK 2.24 |
| 13 Jul Saturday | DKK 0.21 | DKK -0.01 13:00 | DKK 0.59 22:00 | 5 | DKK 1.68 |
| 14 Jul Sunday | DKK 0.27 | DKK -0.08 16:00 | DKK 0.84 20:00 | 9 | DKK 1.76 |
| 15 Jul Monday | DKK 0.50 | DKK 0.00 14:00 | DKK 1.60 20:00 | 2 | DKK 2.04 |
| 16 Jul Tuesday | DKK 0.39 | DKK 0.00 16:00 | DKK 0.91 20:00 | 1 | DKK 1.90 |
| 17 Jul Wednesday | DKK 0.55 | DKK 0.08 14:00 | DKK 1.04 21:00 | – | DKK 2.10 |
| 18 Jul Thursday | DKK 0.56 | DKK 0.20 16:00 | DKK 1.38 20:00 | – | DKK 2.11 |
| 19 Jul Friday | DKK 0.63 | DKK 0.27 14:00 | DKK 1.36 20:00 | – | DKK 2.21 |
| 20 Jul Saturday | DKK 0.47 | DKK -0.02 15:00 | DKK 1.01 20:00 | 3 | DKK 2.00 |
| 21 Jul Sunday | DKK 0.39 | DKK 0.00 14:00 | DKK 0.92 21:00 | 2 | DKK 1.90 |
| 22 Jul Monday | DKK 0.60 | DKK 0.14 14:00 | DKK 1.05 21:00 | – | DKK 2.17 |
| 23 Jul Tuesday | DKK 0.58 | DKK 0.27 14:00 | DKK 0.87 20:00 | – | DKK 2.14 |
| 24 Jul Wednesday | DKK 0.38 | DKK -0.02 14:00 | DKK 0.88 21:00 | 3 | DKK 1.89 |
| 25 Jul Thursday | DKK 0.58 | DKK 0.10 14:00 | DKK 1.11 20:00 | – | DKK 2.13 |
| 26 Jul Friday | DKK 0.66 | DKK 0.45 14:00 | DKK 1.07 20:00 | – | DKK 2.24 |
| 27 Jul Saturday | DKK 0.60 | DKK 0.13 13:00 | DKK 0.91 21:00 | – | DKK 2.16 |
| 28 Jul Sunday | DKK 0.30 | DKK -0.36 14:00 | DKK 0.82 00:00 | 7 | DKK 1.79 |
| 29 Jul Monday | DKK 0.47 | DKK -0.01 13:00 | DKK 1.28 20:00 | 5 | DKK 2.00 |
| 30 Jul Tuesday | DKK 0.57 | DKK 0.00 14:00 | DKK 1.27 20:00 | 1 | DKK 2.13 |
| 31 Jul Wednesday | DKK 0.58 | DKK 0.08 13:00 | DKK 1.00 20:00 | – | DKK 2.14 |
/kWh · Today · Methodology
In July 2024, electricity on the day-ahead market in East Denmark (DK2) cost an average of DKK 0.47/kWh (€62.84/MWh); with taxes, network charges and a sample supplier margin, the estimated final price was around DKK 2.03/kWh.
That is 6% less than in June 2024.
The cheapest day was Saturday, 6 July 2024, averaging DKK 0.11/kWh; the most expensive was Thursday, 11 July 2024 at DKK 0.68/kWh.
The lowest price came on 28 July 2024 at 14:00 (DKK -0.36/kWh), the highest on 8 July 2024 at 20:00 (DKK 1.92/kWh). In total, prices were below zero for 59 hours.
On an average day, the cheapest three hours were 13:00–16:00. Weekends were on average 41% cheaper than weekdays.
Compared with
- Previous month (June 2024)
- DKK 0.50 ▼
- Weekdays
- DKK 0.52
- Weekends
- DKK 0.31
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 · 13:00–16:00
All days
| Day | Average | Lowest | Highest | Hours < 0 | Final (est.) |
|---|---|---|---|---|---|
| 1 Jul Monday | DKK 0.66 | DKK 0.25 15:00 | DKK 1.21 20:00 | – | DKK 2.27 |
| 2 Jul Tuesday | DKK 0.54 | DKK 0.30 23:00 | DKK 0.84 20:00 | – | DKK 2.11 |
| 3 Jul Wednesday | DKK 0.50 | DKK 0.27 02:00 | DKK 1.19 20:00 | – | DKK 2.07 |
| 4 Jul Thursday | DKK 0.15 | DKK 0.00 16:00 | DKK 0.44 00:00 | 1 | DKK 1.63 |
| 5 Jul Friday | DKK 0.15 | DKK -0.01 14:00 | DKK 0.63 23:00 | 4 | DKK 1.62 |
| 6 Jul Saturday | DKK 0.11 | DKK -0.02 15:00 | DKK 0.64 00:00 | 7 | DKK 1.58 |
| 7 Jul Sunday | DKK 0.16 | DKK -0.15 14:00 | DKK 0.99 21:00 | 18 | DKK 1.65 |
| 8 Jul Monday | DKK 0.66 | DKK 0.22 13:00 | DKK 1.92 20:00 | – | DKK 2.26 |
| 9 Jul Tuesday | DKK 0.54 | DKK 0.03 14:00 | DKK 0.84 20:00 | – | DKK 2.11 |
| 10 Jul Wednesday | DKK 0.49 | DKK 0.19 04:00 | DKK 1.22 21:00 | – | DKK 2.05 |
| 11 Jul Thursday | DKK 0.68 | DKK 0.33 14:00 | DKK 1.38 20:00 | – | DKK 2.29 |
| 12 Jul Friday | DKK 0.64 | DKK 0.20 23:00 | DKK 0.82 07:00 | – | DKK 2.24 |
| 13 Jul Saturday | DKK 0.17 | DKK -0.01 13:00 | DKK 0.59 22:00 | 4 | DKK 1.65 |
| 14 Jul Sunday | DKK 0.28 | DKK -0.08 16:00 | DKK 0.86 20:00 | 8 | DKK 1.78 |
| 15 Jul Monday | DKK 0.51 | DKK 0.00 14:00 | DKK 1.68 20:00 | 2 | DKK 2.07 |
| 16 Jul Tuesday | DKK 0.40 | DKK 0.00 16:00 | DKK 0.91 20:00 | – | DKK 1.94 |
| 17 Jul Wednesday | DKK 0.55 | DKK 0.08 14:00 | DKK 1.04 21:00 | – | DKK 2.13 |
| 18 Jul Thursday | DKK 0.56 | DKK 0.20 16:00 | DKK 1.38 20:00 | – | DKK 2.14 |
| 19 Jul Friday | DKK 0.63 | DKK 0.27 14:00 | DKK 1.36 20:00 | – | DKK 2.23 |
| 20 Jul Saturday | DKK 0.47 | DKK 0.00 13:00 | DKK 1.01 20:00 | – | DKK 2.03 |
| 21 Jul Sunday | DKK 0.39 | DKK 0.00 14:00 | DKK 0.92 21:00 | 2 | DKK 1.92 |
| 22 Jul Monday | DKK 0.60 | DKK 0.14 14:00 | DKK 1.05 21:00 | – | DKK 2.19 |
| 23 Jul Tuesday | DKK 0.58 | DKK 0.27 14:00 | DKK 0.87 20:00 | – | DKK 2.17 |
| 24 Jul Wednesday | DKK 0.38 | DKK 0.00 15:00 | DKK 0.88 21:00 | 1 | DKK 1.92 |
| 25 Jul Thursday | DKK 0.58 | DKK 0.13 14:00 | DKK 1.16 20:00 | – | DKK 2.17 |
| 26 Jul Friday | DKK 0.66 | DKK 0.45 14:00 | DKK 1.07 20:00 | – | DKK 2.27 |
| 27 Jul Saturday | DKK 0.60 | DKK 0.13 13:00 | DKK 0.92 20:00 | – | DKK 2.19 |
| 28 Jul Sunday | DKK 0.28 | DKK -0.36 14:00 | DKK 0.82 00:00 | 7 | DKK 1.79 |
| 29 Jul Monday | DKK 0.46 | DKK -0.01 13:00 | DKK 1.33 20:00 | 5 | DKK 2.01 |
| 30 Jul Tuesday | DKK 0.58 | DKK 0.00 13:00 | DKK 1.32 20:00 | – | DKK 2.16 |
| 31 Jul Wednesday | DKK 0.58 | DKK 0.08 13:00 | DKK 1.02 20:00 | – | DKK 2.17 |
/kWh · Today · Methodology