Monthly report · day-ahead marketElectricity prices in Great Britain, May 2024
May 2024
Monthly average7.21£72.13/MWh
Cheapest day12 May4.47p/kWh
Most expensive day24 May8.65p/kWh
Hours below zero0h
In May 2024, electricity on the day-ahead market in Great Britain cost an average of 7.21p/kWh (£72.13/MWh).
That is 35% more than in April 2024.
The cheapest day was Sunday, 12 May 2024, averaging 4.47p/kWh; the most expensive was Friday, 24 May 2024 at 8.65p/kWh.
The lowest price came on 12 May 2024 at 14:00 (1.58p/kWh), the highest on 24 May 2024 at 19:00 (10.99p/kWh).
On an average day, the cheapest three hours were 02:00–05:00. Weekends were on average 4% cheaper than weekdays.
Compared with
- Previous month (April 2024)
- 5.35 ▲
- Weekdays
- 7.29
- Weekends
- 7.00
Wholesale price · p/kWh
Price by day
Daily wholesale average; the line marks the monthly average.
p/kWh
The average day
Average wholesale price for each hour of the day this month.
p/kWh · 02:00–05:00
All days
| Day | Average | Lowest | Highest | Hours < 0 |
|---|---|---|---|---|
| 1 May Wednesday | 6.89 | 5.20 00:00 | 9.15 08:00 | – |
| 2 May Thursday | 6.26 | 3.39 15:00 | 8.49 07:00 | – |
| 3 May Friday | 7.08 | 5.89 15:00 | 8.59 19:00 | – |
| 4 May Saturday | 7.23 | 6.10 14:00 | 9.77 19:00 | – |
| 5 May Sunday | 7.65 | 6.41 06:00 | 9.71 19:00 | – |
| 6 May Monday | 7.69 | 6.26 13:00 | 9.58 06:00 | – |
| 7 May Tuesday | 7.69 | 6.16 14:00 | 10.19 19:00 | – |
| 8 May Wednesday | 7.64 | 5.95 14:00 | 9.75 07:00 | – |
| 9 May Thursday | 7.11 | 5.86 03:00 | 9.43 19:00 | – |
| 10 May Friday | 7.24 | 5.59 14:00 | 9.21 19:00 | – |
| 11 May Saturday | 6.96 | 4.27 14:00 | 8.83 19:00 | – |
| 12 May Sunday | 4.47 | 1.58 14:00 | 8.84 20:00 | – |
| 13 May Monday | 6.40 | 3.61 00:00 | 8.77 09:00 | – |
| 14 May Tuesday | 6.36 | 2.50 03:00 | 9.55 19:00 | – |
| 15 May Wednesday | 7.06 | 5.67 15:00 | 9.35 19:00 | – |
| 16 May Thursday | 7.35 | 5.97 22:00 | 9.27 19:00 | – |
| 17 May Friday | 7.43 | 6.09 03:00 | 9.95 19:00 | – |
| 18 May Saturday | 7.26 | 5.84 06:00 | 8.96 09:00 | – |
| 19 May Sunday | 7.03 | 5.49 14:00 | 9.49 19:00 | – |
| 20 May Monday | 7.47 | 6.09 14:00 | 9.83 19:00 | – |
| 21 May Tuesday | 8.03 | 6.64 03:00 | 10.41 19:00 | – |
| 22 May Wednesday | 7.53 | 5.98 04:00 | 9.57 09:00 | – |
| 23 May Thursday | 6.57 | 2.51 03:00 | 9.71 19:00 | – |
| 24 May Friday | 8.65 | 7.29 01:00 | 10.99 19:00 | – |
| 25 May Saturday | 7.93 | 5.48 14:00 | 10.17 20:00 | – |
| 26 May Sunday | 7.47 | 4.92 14:00 | 9.65 19:00 | – |
| 27 May Monday | 7.91 | 6.42 14:00 | 10.42 19:00 | – |
| 28 May Tuesday | 8.16 | 6.91 15:00 | 9.73 19:00 | – |
| 29 May Wednesday | 7.49 | 4.73 03:00 | 10.13 20:00 | – |
| 30 May Thursday | 6.70 | 3.74 14:00 | 9.29 19:00 | – |
| 31 May Friday | 6.92 | 4.30 04:00 | 9.40 19:00 | – |
p/kWh · Today · Methodology