Monthly report · day-ahead marketElectricity prices in Germany, March 2024
In March 2024, electricity on the day-ahead market in Germany cost an average of €0.065/kWh (€64.70/MWh); with taxes, network charges and a sample supplier margin, the estimated final price was around €0.301/kWh.
That is 5% more than in February 2024.
The cheapest day was Sunday, 24 March 2024, averaging €0.026/kWh; the most expensive was Wednesday, 20 March 2024 at €0.091/kWh.
The lowest price came on 10 March 2024 at 13:00 (-€0.010/kWh), the highest on 25 March 2024 at 18:00 (€0.175/kWh). In total, prices were below zero for 12 hours.
On an average day, the cheapest three hours were 12:00–15:00. Weekends were on average 32% cheaper than weekdays.
Compared with
- Previous month (February 2024)
- €0.061 ▲
- Weekdays
- €0.072
- Weekends
- €0.049
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 Mar Friday | €0.071 | €0.058 03:00 | €0.094 18:00 | – | €0.309 |
| 2 Mar Saturday | €0.064 | €0.055 04:00 | €0.094 18:00 | – | €0.300 |
| 3 Mar Sunday | €0.060 | €0.043 13:00 | €0.087 19:00 | – | €0.296 |
| 4 Mar Monday | €0.076 | €0.061 13:00 | €0.105 18:00 | – | €0.314 |
| 5 Mar Tuesday | €0.075 | €0.060 03:00 | €0.113 19:00 | – | €0.313 |
| 6 Mar Wednesday | €0.083 | €0.069 13:00 | €0.120 18:00 | – | €0.323 |
| 7 Mar Thursday | €0.076 | €0.060 13:00 | €0.106 18:00 | – | €0.315 |
| 8 Mar Friday | €0.062 | €0.004 13:00 | €0.095 07:00 | – | €0.298 |
| 9 Mar Saturday | €0.046 | -€0.005 13:00 | €0.078 18:00 | 3 | €0.278 |
| 10 Mar Sunday | €0.034 | -€0.010 13:00 | €0.066 18:00 | 4 | €0.264 |
| 11 Mar Monday | €0.072 | €0.049 00:00 | €0.108 19:00 | – | €0.309 |
| 12 Mar Tuesday | €0.086 | €0.065 03:00 | €0.135 18:00 | – | €0.327 |
| 13 Mar Wednesday | €0.072 | €0.061 03:00 | €0.098 18:00 | – | €0.310 |
| 14 Mar Thursday | €0.067 | €0.049 13:00 | €0.115 18:00 | – | €0.304 |
| 15 Mar Friday | €0.056 | €0.037 13:00 | €0.088 19:00 | – | €0.291 |
| 16 Mar Saturday | €0.050 | €0.011 14:00 | €0.087 19:00 | – | €0.284 |
| 17 Mar Sunday | €0.062 | €0.040 13:00 | €0.094 18:00 | – | €0.298 |
| 18 Mar Monday | €0.081 | €0.057 01:00 | €0.146 18:00 | – | €0.321 |
| 19 Mar Tuesday | €0.082 | €0.054 12:00 | €0.131 18:00 | – | €0.321 |
| 20 Mar Wednesday | €0.091 | €0.061 12:00 | €0.169 18:00 | – | €0.333 |
| 21 Mar Thursday | €0.081 | €0.060 13:00 | €0.127 18:00 | – | €0.321 |
| 22 Mar Friday | €0.069 | €0.050 02:00 | €0.122 18:00 | – | €0.306 |
| 23 Mar Saturday | €0.038 | -€0.008 14:00 | €0.078 00:00 | 5 | €0.269 |
| 24 Mar Sunday | €0.026 | €0.000 08:00 | €0.075 18:00 | – | €0.255 |
| 25 Mar Monday | €0.085 | €0.062 12:00 | €0.175 18:00 | – | €0.325 |
| 26 Mar Tuesday | €0.066 | €0.011 12:00 | €0.101 18:00 | – | €0.303 |
| 27 Mar Wednesday | €0.076 | €0.057 01:00 | €0.126 18:00 | – | €0.315 |
| 28 Mar Thursday | €0.051 | €0.000 14:00 | €0.083 07:00 | – | €0.285 |
| 29 Mar Friday | €0.038 | €0.010 13:00 | €0.105 19:00 | – | €0.269 |
| 30 Mar Saturday | €0.053 | €0.007 13:00 | €0.088 18:00 | – | €0.287 |
| 31 Mar Sunday | €0.055 | €0.001 14:00 | €0.117 19:00 | – | €0.290 |
/kWh · Today · Methodology