The average wholesale electricity price in Italy amounted to over 103 euros per megawatt-hour in June 2024, an increase compared to the previous month. In the past years, electricity prices in Italy soared, the result of a number of factors affecting much of Europe, including increased heating demand due to cold winters, a rise in natural gas and coal prices, a decline in wind power generation due to low wind speeds, a shortage of gas supply following Russia's invasion of Ukraine, and extreme heat during the 2022 summer months. In 2023, power prices have started to decrease.
Average monthly electricity wholesale price in Italy from January 2019 to June 2024
(in euros per megawatt-hour)
Characteristic
Average price in euros per megawatt-hour
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Ember. (July 3, 2024). Average monthly electricity wholesale price in Italy from January 2019 to June 2024 (in euros per megawatt-hour) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1267548/italy-monthly-wholesale-electricity-price/
Ember. "Average monthly electricity wholesale price in Italy from January 2019 to June 2024 (in euros per megawatt-hour)." Chart. July 3, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1267548/italy-monthly-wholesale-electricity-price/
Ember. (2024). Average monthly electricity wholesale price in Italy from January 2019 to June 2024 (in euros per megawatt-hour). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1267548/italy-monthly-wholesale-electricity-price/
Ember. "Average Monthly Electricity Wholesale Price in Italy from January 2019 to June 2024 (in Euros per Megawatt-hour)." Statista, Statista Inc., 3 Jul 2024, https://www.statista.com/statistics/1267548/italy-monthly-wholesale-electricity-price/
Ember, Average monthly electricity wholesale price in Italy from January 2019 to June 2024 (in euros per megawatt-hour) Statista, https://www.statista.com/statistics/1267548/italy-monthly-wholesale-electricity-price/ (last visited July 22, 2024)
Average monthly electricity wholesale price in Italy from January 2019 to June 2024 (in euros per megawatt-hour) [Graph], Ember, July 3, 2024. [Online]. Available: https://www.statista.com/statistics/1267548/italy-monthly-wholesale-electricity-price/