Monthly report · day-ahead marketElectricity prices in Denmark, August 2024
In August 2024, electricity on the day-ahead market in West Denmark (DK1) cost an average of DKK 0.54/kWh (€72.95/MWh); with taxes, network charges and a sample supplier margin, the estimated final price was around DKK 2.09/kWh.
That is 18% more than in July 2024.
The cheapest day was Saturday, 10 August 2024, averaging DKK 0.06/kWh; the most expensive was Thursday, 29 August 2024 at DKK 0.83/kWh.
The lowest price came on 11 August 2024 at 13:00 (DKK -0.45/kWh), the highest on 29 August 2024 at 20:00 (DKK 2.08/kWh). In total, prices were below zero for 68 hours.
On an average day, the cheapest three hours were 12:00–15:00. Weekends were on average 30% cheaper than weekdays.
Compared with
- Previous month (July 2024)
- DKK 0.46 ▲
- Weekdays
- DKK 0.60
- Weekends
- DKK 0.42
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 · 12:00–15:00
All days
| Day | Average | Lowest | Highest | Hours < 0 | Final (est.) |
|---|---|---|---|---|---|
| 1 Aug Thursday | DKK 0.69 | DKK 0.45 13:00 | DKK 1.03 20:00 | – | DKK 2.28 |
| 2 Aug Friday | DKK 0.70 | DKK 0.38 15:00 | DKK 1.09 20:00 | – | DKK 2.29 |
| 3 Aug Saturday | DKK 0.56 | DKK 0.03 14:00 | DKK 0.98 21:00 | – | DKK 2.11 |
| 4 Aug Sunday | DKK 0.42 | DKK -0.02 14:00 | DKK 0.82 00:00 | 3 | DKK 1.93 |
| 5 Aug Monday | DKK 0.67 | DKK 0.27 14:00 | DKK 1.86 20:00 | – | DKK 2.25 |
| 6 Aug Tuesday | DKK 0.65 | DKK 0.02 13:00 | DKK 1.72 20:00 | – | DKK 2.22 |
| 7 Aug Wednesday | DKK 0.69 | DKK 0.26 13:00 | DKK 1.11 20:00 | – | DKK 2.28 |
| 8 Aug Thursday | DKK 0.69 | DKK 0.24 14:00 | DKK 1.47 20:00 | – | DKK 2.28 |
| 9 Aug Friday | DKK 0.15 | DKK -0.01 14:00 | DKK 0.73 00:00 | 5 | DKK 1.60 |
| 10 Aug Saturday | DKK 0.06 | DKK -0.30 13:00 | DKK 0.36 22:00 | 7 | DKK 1.48 |
| 11 Aug Sunday | DKK 0.28 | DKK -0.45 13:00 | DKK 1.02 20:00 | 7 | DKK 1.77 |
| 12 Aug Monday | DKK 0.69 | DKK 0.05 13:00 | DKK 1.68 20:00 | – | DKK 2.27 |
| 13 Aug Tuesday | DKK 0.68 | DKK 0.28 15:00 | DKK 1.44 20:00 | – | DKK 2.26 |
| 14 Aug Wednesday | DKK 0.80 | DKK 0.54 12:00 | DKK 1.63 20:00 | – | DKK 2.42 |
| 15 Aug Thursday | DKK 0.63 | DKK 0.00 14:00 | DKK 1.20 20:00 | 1 | DKK 2.20 |
| 16 Aug Friday | DKK 0.79 | DKK 0.35 14:00 | DKK 1.81 20:00 | – | DKK 2.40 |
| 17 Aug Saturday | DKK 0.70 | DKK 0.29 14:00 | DKK 1.11 20:00 | – | DKK 2.28 |
| 18 Aug Sunday | DKK 0.64 | DKK 0.13 14:00 | DKK 0.84 01:00 | – | DKK 2.21 |
| 19 Aug Monday | DKK 0.81 | DKK 0.59 13:00 | DKK 1.52 20:00 | – | DKK 2.42 |
| 20 Aug Tuesday | DKK 0.53 | DKK 0.14 13:00 | DKK 1.08 20:00 | – | DKK 2.07 |
| 21 Aug Wednesday | DKK 0.29 | DKK -0.09 16:00 | DKK 0.65 00:00 | 6 | DKK 1.77 |
| 22 Aug Thursday | DKK 0.18 | DKK -0.03 15:00 | DKK 0.50 20:00 | 5 | DKK 1.64 |
| 23 Aug Friday | DKK 0.10 | DKK -0.03 16:00 | DKK 0.36 23:00 | 8 | DKK 1.54 |
| 24 Aug Saturday | DKK 0.36 | DKK -0.09 12:00 | DKK 0.77 05:00 | 8 | DKK 1.86 |
| 25 Aug Sunday | DKK 0.15 | DKK -0.15 13:00 | DKK 0.89 20:00 | 16 | DKK 1.60 |
| 26 Aug Monday | DKK 0.39 | DKK 0.01 04:00 | DKK 1.67 20:00 | – | DKK 1.90 |
| 27 Aug Tuesday | DKK 0.66 | DKK 0.01 13:00 | DKK 1.68 19:00 | – | DKK 2.24 |
| 28 Aug Wednesday | DKK 0.71 | DKK 0.06 14:00 | DKK 1.48 20:00 | – | DKK 2.30 |
| 29 Aug Thursday | DKK 0.83 | DKK 0.34 13:00 | DKK 2.08 20:00 | – | DKK 2.45 |
| 30 Aug Friday | DKK 0.79 | DKK 0.59 14:00 | DKK 1.13 07:00 | – | DKK 2.40 |
| 31 Aug Saturday | DKK 0.59 | DKK -0.01 14:00 | DKK 1.11 19:00 | 2 | DKK 2.15 |
/kWh · Today · Methodology
In August 2024, electricity on the day-ahead market in East Denmark (DK2) cost an average of DKK 0.54/kWh (€72.61/MWh); with taxes, network charges and a sample supplier margin, the estimated final price was around DKK 2.10/kWh.
That is 16% more than in July 2024.
The cheapest day was Saturday, 10 August 2024, averaging DKK 0.06/kWh; the most expensive was Monday, 19 August 2024 at DKK 0.81/kWh.
The lowest price came on 11 August 2024 at 13:00 (DKK -0.45/kWh), the highest on 29 August 2024 at 20:00 (DKK 2.16/kWh). In total, prices were below zero for 55 hours.
On an average day, the cheapest three hours were 12:00–15:00. Weekends were on average 31% cheaper than weekdays.
Compared with
- Previous month (July 2024)
- DKK 0.47 ▲
- Weekdays
- DKK 0.60
- Weekends
- DKK 0.41
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 · 12:00–15:00
All days
| Day | Average | Lowest | Highest | Hours < 0 | Final (est.) |
|---|---|---|---|---|---|
| 1 Aug Thursday | DKK 0.70 | DKK 0.45 13:00 | DKK 1.03 20:00 | – | DKK 2.30 |
| 2 Aug Friday | DKK 0.70 | DKK 0.38 15:00 | DKK 1.09 20:00 | – | DKK 2.30 |
| 3 Aug Saturday | DKK 0.56 | DKK 0.03 14:00 | DKK 1.02 21:00 | – | DKK 2.12 |
| 4 Aug Sunday | DKK 0.42 | DKK -0.01 14:00 | DKK 0.82 00:00 | 3 | DKK 1.95 |
| 5 Aug Monday | DKK 0.67 | DKK 0.27 14:00 | DKK 1.86 20:00 | – | DKK 2.26 |
| 6 Aug Tuesday | DKK 0.65 | DKK 0.03 13:00 | DKK 1.72 20:00 | – | DKK 2.24 |
| 7 Aug Wednesday | DKK 0.69 | DKK 0.26 13:00 | DKK 1.11 20:00 | – | DKK 2.29 |
| 8 Aug Thursday | DKK 0.69 | DKK 0.24 14:00 | DKK 1.47 20:00 | – | DKK 2.29 |
| 9 Aug Friday | DKK 0.26 | DKK -0.01 14:00 | DKK 0.75 00:00 | 4 | DKK 1.74 |
| 10 Aug Saturday | DKK 0.06 | DKK -0.30 13:00 | DKK 0.36 22:00 | 7 | DKK 1.49 |
| 11 Aug Sunday | DKK 0.21 | DKK -0.45 13:00 | DKK 1.02 20:00 | 7 | DKK 1.69 |
| 12 Aug Monday | DKK 0.69 | DKK 0.05 13:00 | DKK 1.68 20:00 | – | DKK 2.28 |
| 13 Aug Tuesday | DKK 0.69 | DKK 0.28 15:00 | DKK 1.44 20:00 | – | DKK 2.29 |
| 14 Aug Wednesday | DKK 0.75 | DKK 0.13 14:00 | DKK 1.63 20:00 | – | DKK 2.36 |
| 15 Aug Thursday | DKK 0.64 | DKK 0.02 14:00 | DKK 1.20 20:00 | – | DKK 2.22 |
| 16 Aug Friday | DKK 0.79 | DKK 0.35 14:00 | DKK 1.81 20:00 | – | DKK 2.41 |
| 17 Aug Saturday | DKK 0.70 | DKK 0.29 14:00 | DKK 1.11 20:00 | – | DKK 2.29 |
| 18 Aug Sunday | DKK 0.66 | DKK 0.13 14:00 | DKK 0.86 20:00 | – | DKK 2.25 |
| 19 Aug Monday | DKK 0.81 | DKK 0.59 13:00 | DKK 1.52 20:00 | – | DKK 2.43 |
| 20 Aug Tuesday | DKK 0.59 | DKK 0.14 13:00 | DKK 1.08 20:00 | – | DKK 2.16 |
| 21 Aug Wednesday | DKK 0.27 | DKK -0.02 14:00 | DKK 0.65 00:00 | 4 | DKK 1.76 |
| 22 Aug Thursday | DKK 0.19 | DKK 0.01 15:00 | DKK 0.50 20:00 | – | DKK 1.66 |
| 23 Aug Friday | DKK 0.11 | DKK -0.01 14:00 | DKK 0.36 23:00 | 4 | DKK 1.55 |
| 24 Aug Saturday | DKK 0.35 | DKK -0.09 12:00 | DKK 0.77 05:00 | 8 | DKK 1.86 |
| 25 Aug Sunday | DKK 0.15 | DKK -0.15 13:00 | DKK 0.89 20:00 | 16 | DKK 1.61 |
| 26 Aug Monday | DKK 0.56 | DKK 0.01 04:00 | DKK 1.72 20:00 | – | DKK 2.12 |
| 27 Aug Tuesday | DKK 0.68 | DKK 0.01 13:00 | DKK 1.73 19:00 | – | DKK 2.27 |
| 28 Aug Wednesday | DKK 0.46 | DKK 0.02 23:00 | DKK 0.96 07:00 | – | DKK 2.00 |
| 29 Aug Thursday | DKK 0.73 | DKK 0.08 00:00 | DKK 2.16 20:00 | – | DKK 2.34 |
| 30 Aug Friday | DKK 0.80 | DKK 0.40 12:00 | DKK 1.16 19:00 | – | DKK 2.42 |
| 31 Aug Saturday | DKK 0.59 | DKK -0.01 14:00 | DKK 1.11 19:00 | 2 | DKK 2.16 |
/kWh · Today · Methodology