The average wholesale electricity price in Denmark stood at around 65 euros per megawatt-hour in June 2024, one of the lowest electricity prices in the country since July 2021.
In 2021 and 2022, electricity prices in Europe soared, the result of a number of factors, including increased heating demand due to cold winters, a rise in natural gas and coal prices, and a decline in wind power generation due to low wind speeds. The energy supply shortage was further aggravated by Russia's invasion of Ukraine in February 2022.
Average monthly electricity wholesale price in Denmark 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 Denmark from January 2019 to June 2024 (in euros per megawatt-hour) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1271525/denmark-monthly-wholesale-electricity-price/
Ember. "Average monthly electricity wholesale price in Denmark 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/1271525/denmark-monthly-wholesale-electricity-price/
Ember. (2024). Average monthly electricity wholesale price in Denmark from January 2019 to June 2024 (in euros per megawatt-hour). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1271525/denmark-monthly-wholesale-electricity-price/
Ember. "Average Monthly Electricity Wholesale Price in Denmark from January 2019 to June 2024 (in Euros per Megawatt-hour)." Statista, Statista Inc., 3 Jul 2024, https://www.statista.com/statistics/1271525/denmark-monthly-wholesale-electricity-price/
Ember, Average monthly electricity wholesale price in Denmark from January 2019 to June 2024 (in euros per megawatt-hour) Statista, https://www.statista.com/statistics/1271525/denmark-monthly-wholesale-electricity-price/ (last visited July 22, 2024)
Average monthly electricity wholesale price in Denmark from January 2019 to June 2024 (in euros per megawatt-hour) [Graph], Ember, July 3, 2024. [Online]. Available: https://www.statista.com/statistics/1271525/denmark-monthly-wholesale-electricity-price/