Monthly report · day-ahead marketElectricity prices in Germany, May 2024
In May 2024, electricity on the day-ahead market in Germany cost an average of €0.067/kWh (€67.21/MWh); with taxes, network charges and a sample supplier margin, the estimated final price was around €0.304/kWh.
That is 8% more than in April 2024.
The cheapest day was Sunday, 12 May 2024, averaging €0.002/kWh; the most expensive was Monday, 27 May 2024 at €0.107/kWh.
The lowest price came on 12 May 2024 at 13:00 (-€0.135/kWh), the highest on 27 May 2024 at 20:00 (€0.221/kWh). In total, prices were below zero for 78 hours.
On an average day, the cheapest three hours were 12:00–15:00. Weekends were on average 27% cheaper than weekdays.
Compared with
- Previous month (April 2024)
- €0.062 ▲
- Weekdays
- €0.072
- Weekends
- €0.053
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 May Wednesday | €0.004 | -€0.120 14:00 | €0.067 00:00 | 8 | €0.229 |
| 2 May Thursday | €0.036 | -€0.004 13:00 | €0.088 19:00 | 5 | €0.267 |
| 3 May Friday | €0.078 | €0.058 02:00 | €0.120 20:00 | – | €0.317 |
| 4 May Saturday | €0.075 | €0.013 14:00 | €0.135 20:00 | – | €0.313 |
| 5 May Sunday | €0.054 | -€0.001 14:00 | €0.112 20:00 | 3 | €0.288 |
| 6 May Monday | €0.093 | €0.075 13:00 | €0.144 20:00 | – | €0.335 |
| 7 May Tuesday | €0.093 | €0.066 14:00 | €0.151 20:00 | – | €0.335 |
| 8 May Wednesday | €0.092 | €0.067 14:00 | €0.134 20:00 | – | €0.333 |
| 9 May Thursday | €0.062 | -€0.002 14:00 | €0.133 20:00 | 5 | €0.298 |
| 10 May Friday | €0.076 | €0.000 13:00 | €0.171 20:00 | – | €0.314 |
| 11 May Saturday | €0.054 | -€0.024 14:00 | €0.123 20:00 | 6 | €0.288 |
| 12 May Sunday | €0.002 | -€0.135 13:00 | €0.076 20:00 | 9 | €0.226 |
| 13 May Monday | €0.046 | -€0.003 12:00 | €0.146 19:00 | 5 | €0.279 |
| 14 May Tuesday | €0.028 | -€0.043 13:00 | €0.093 20:00 | 8 | €0.257 |
| 15 May Wednesday | €0.043 | -€0.011 13:00 | €0.110 20:00 | 5 | €0.275 |
| 16 May Thursday | €0.050 | -€0.001 13:00 | €0.110 20:00 | 3 | €0.283 |
| 17 May Friday | €0.069 | €0.028 13:00 | €0.108 20:00 | – | €0.306 |
| 18 May Saturday | €0.056 | -€0.003 14:00 | €0.132 20:00 | 5 | €0.290 |
| 19 May Sunday | €0.053 | -€0.015 14:00 | €0.123 21:00 | 8 | €0.286 |
| 20 May Monday | €0.065 | €0.000 14:00 | €0.136 20:00 | 2 | €0.301 |
| 21 May Tuesday | €0.080 | €0.028 12:00 | €0.127 19:00 | – | €0.319 |
| 22 May Wednesday | €0.086 | €0.054 03:00 | €0.155 20:00 | – | €0.326 |
| 23 May Thursday | €0.094 | €0.045 13:00 | €0.180 20:00 | – | €0.336 |
| 24 May Friday | €0.102 | €0.084 16:00 | €0.130 19:00 | – | €0.346 |
| 25 May Saturday | €0.072 | €0.000 14:00 | €0.137 21:00 | – | €0.310 |
| 26 May Sunday | €0.058 | -€0.024 14:00 | €0.121 21:00 | 6 | €0.293 |
| 27 May Monday | €0.107 | €0.073 14:00 | €0.221 20:00 | – | €0.351 |
| 28 May Tuesday | €0.091 | €0.055 13:00 | €0.144 20:00 | – | €0.332 |
| 29 May Wednesday | €0.079 | €0.046 05:00 | €0.143 21:00 | – | €0.318 |
| 30 May Thursday | €0.097 | €0.063 13:00 | €0.155 20:00 | – | €0.340 |
| 31 May Friday | €0.089 | €0.065 14:00 | €0.115 20:00 | – | €0.330 |
/kWh · Today · Methodology