Germany's electricity prices is forecast to reach a two-year high of
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euros per megawatt-hour in February 2025 before increasing to 94 euros per megawatt-hour in June the same year. Electricity prices in the country have not yet recovered to pre-pandemic levels.
Electricity price recovery
German electricity prices began recovering back to pre-energy crisis levels in 2024, a period driven by a complex interplay of factors, including increased heating demand, reduced wind power generation, and water scarcity affecting hydropower production. Despite Germany's progress in renewable energy sources, with over
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percent of gross electricity generated from renewable sources in 2023, the country still relies heavily on fossil fuels. Coal and natural gas accounted for approximately
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percent of the energy mix, making Germany vulnerable to fluctuations in global fuel prices.
Impact on consumers and future outlook
The volatility in electricity prices has directly impacted German consumers. As of April 1, 2024, households with basic supplier contracts were paying around
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cents per kilowatt-hour, making it the most expensive option compared to other providers or special contracts. The breakdown of household electricity prices in 2023 showed that supply and margin, along with energy procurement, constituted the largest controllable components, amounting to
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and
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euro cents per kilowatt-hour, respectively. While prices have decreased since the 2022 peak, they remain higher than pre-crisis levels, underscoring the ongoing challenges in Germany's energy sector as it continues its transition towards renewable sources.
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Average monthly electricity wholesale price in Germany from January 2019 to July 2025
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Ember. (July 8, 2025). Average monthly electricity wholesale price in Germany from January 2019 to July 2025 (in euros per megawatt-hour) [Graph]. In Statista. Retrieved July 20, 2025, from https://www.statista.com/statistics/1267541/germany-monthly-wholesale-electricity-price/?utm_campaign=%E7%B1%8C%E7%A2%BCK%E5%B0%8F%E7%B5%84_%E9%A1%8C%E6%9D%90_%E6%99%9A%E5%A0%B1&utm_medium=oth_Intextlink&utm_source=chipkappwriter_AftNews_DarrenTsai
Ember. "Average monthly electricity wholesale price in Germany from January 2019 to July 2025 (in euros per megawatt-hour)." Chart. July 8, 2025. Statista. Accessed July 20, 2025. https://www.statista.com/statistics/1267541/germany-monthly-wholesale-electricity-price/?utm_campaign=%E7%B1%8C%E7%A2%BCK%E5%B0%8F%E7%B5%84_%E9%A1%8C%E6%9D%90_%E6%99%9A%E5%A0%B1&utm_medium=oth_Intextlink&utm_source=chipkappwriter_AftNews_DarrenTsai
Ember. (2025). Average monthly electricity wholesale price in Germany from January 2019 to July 2025 (in euros per megawatt-hour). Statista. Statista Inc.. Accessed: July 20, 2025. https://www.statista.com/statistics/1267541/germany-monthly-wholesale-electricity-price/?utm_campaign=%E7%B1%8C%E7%A2%BCK%E5%B0%8F%E7%B5%84_%E9%A1%8C%E6%9D%90_%E6%99%9A%E5%A0%B1&utm_medium=oth_Intextlink&utm_source=chipkappwriter_AftNews_DarrenTsai
Ember. "Average Monthly Electricity Wholesale Price in Germany from January 2019 to July 2025 (in Euros per Megawatt-hour)." Statista, Statista Inc., 8 Jul 2025, https://www.statista.com/statistics/1267541/germany-monthly-wholesale-electricity-price/?utm_campaign=%E7%B1%8C%E7%A2%BCK%E5%B0%8F%E7%B5%84_%E9%A1%8C%E6%9D%90_%E6%99%9A%E5%A0%B1&utm_medium=oth_Intextlink&utm_source=chipkappwriter_AftNews_DarrenTsai
Ember, Average monthly electricity wholesale price in Germany from January 2019 to July 2025 (in euros per megawatt-hour) Statista, https://www.statista.com/statistics/1267541/germany-monthly-wholesale-electricity-price/?utm_campaign=%E7%B1%8C%E7%A2%BCK%E5%B0%8F%E7%B5%84_%E9%A1%8C%E6%9D%90_%E6%99%9A%E5%A0%B1&utm_medium=oth_Intextlink&utm_source=chipkappwriter_AftNews_DarrenTsai (last visited July 20, 2025)
Average monthly electricity wholesale price in Germany from January 2019 to July 2025 (in euros per megawatt-hour) [Graph], Ember, July 8, 2025. [Online]. Available: https://www.statista.com/statistics/1267541/germany-monthly-wholesale-electricity-price/?utm_campaign=%E7%B1%8C%E7%A2%BCK%E5%B0%8F%E7%B5%84_%E9%A1%8C%E6%9D%90_%E6%99%9A%E5%A0%B1&utm_medium=oth_Intextlink&utm_source=chipkappwriter_AftNews_DarrenTsai
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