Monthly report · day-ahead marketElectricity prices in Germany, January 2024
In January 2024, electricity on the day-ahead market in Germany cost an average of €0.077/kWh (€76.57/MWh); with taxes, network charges and a sample supplier margin, the estimated final price was around €0.315/kWh.
The cheapest day was Monday, 1 January 2024, averaging €0.016/kWh; the most expensive was Wednesday, 10 January 2024 at €0.112/kWh.
The lowest price came on 24 January 2024 at 04:00 (-€0.005/kWh), the highest on 11 January 2024 at 17:00 (€0.150/kWh). In total, prices were below zero for 16 hours.
On an average day, the cheapest three hours were 02:00–05:00. Weekends were on average 8% cheaper than weekdays.
Compared with
- Weekdays
- €0.078
- Weekends
- €0.072
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 | €0.016 | €0.000 06:00 | €0.058 18:00 | 5 | €0.243 |
| 2 Jan Tuesday | €0.053 | €0.007 23:00 | €0.083 16:00 | – | €0.287 |
| 3 Jan Wednesday | €0.045 | -€0.001 05:00 | €0.083 18:00 | 6 | €0.278 |
| 4 Jan Thursday | €0.085 | €0.025 03:00 | €0.145 18:00 | – | €0.326 |
| 5 Jan Friday | €0.091 | €0.073 03:00 | €0.108 18:00 | – | €0.333 |
| 6 Jan Saturday | €0.089 | €0.073 03:00 | €0.104 17:00 | – | €0.330 |
| 7 Jan Sunday | €0.086 | €0.072 04:00 | €0.105 18:00 | – | €0.327 |
| 8 Jan Monday | €0.102 | €0.078 04:00 | €0.130 18:00 | – | €0.346 |
| 9 Jan Tuesday | €0.109 | €0.084 03:00 | €0.138 17:00 | – | €0.354 |
| 10 Jan Wednesday | €0.112 | €0.086 03:00 | €0.144 17:00 | – | €0.357 |
| 11 Jan Thursday | €0.110 | €0.082 04:00 | €0.150 17:00 | – | €0.354 |
| 12 Jan Friday | €0.106 | €0.084 04:00 | €0.141 08:00 | – | €0.350 |
| 13 Jan Saturday | €0.075 | €0.063 23:00 | €0.090 00:00 | – | €0.313 |
| 14 Jan Sunday | €0.076 | €0.062 01:00 | €0.097 18:00 | – | €0.315 |
| 15 Jan Monday | €0.086 | €0.062 03:00 | €0.113 18:00 | – | €0.327 |
| 16 Jan Tuesday | €0.101 | €0.077 04:00 | €0.144 08:00 | – | €0.344 |
| 17 Jan Wednesday | €0.100 | €0.069 04:00 | €0.141 17:00 | – | €0.343 |
| 18 Jan Thursday | €0.093 | €0.074 23:00 | €0.126 08:00 | – | €0.334 |
| 19 Jan Friday | €0.079 | €0.063 03:00 | €0.104 08:00 | – | €0.317 |
| 20 Jan Saturday | €0.074 | €0.062 05:00 | €0.100 18:00 | – | €0.312 |
| 21 Jan Sunday | €0.050 | €0.038 13:00 | €0.067 00:00 | – | €0.284 |
| 22 Jan Monday | €0.050 | €0.005 03:00 | €0.077 18:00 | – | €0.283 |
| 23 Jan Tuesday | €0.052 | €0.004 03:00 | €0.085 18:00 | – | €0.286 |
| 24 Jan Wednesday | €0.033 | -€0.005 04:00 | €0.054 17:00 | 5 | €0.263 |
| 25 Jan Thursday | €0.078 | €0.043 02:00 | €0.123 17:00 | – | €0.317 |
| 26 Jan Friday | €0.059 | €0.046 13:00 | €0.077 08:00 | – | €0.294 |
| 27 Jan Saturday | €0.068 | €0.054 13:00 | €0.096 18:00 | – | €0.305 |
| 28 Jan Sunday | €0.059 | €0.040 13:00 | €0.078 17:00 | – | €0.295 |
| 29 Jan Monday | €0.081 | €0.047 01:00 | €0.127 17:00 | – | €0.320 |
| 30 Jan Tuesday | €0.078 | €0.067 04:00 | €0.099 18:00 | – | €0.317 |
| 31 Jan Wednesday | €0.076 | €0.040 23:00 | €0.120 08:00 | – | €0.314 |
/kWh · Today · Methodology