Electricity prices in Austria 2023

In 2023, the average wholesale day-ahead electricity price in Austria was € 0.1025 /kWh (▼61% vs 2022). Below is the month-by-month breakdown plus a chart of how prices moved through the year.

Year average
€ 0.1025 /kWh
Cheapest month
December 2023
€ 0.0732 /kWh
Most expensive month
January 2023
€ 0.1449 /kWh
2022 average
€ 0.2614 /kWh
▼ 61%
€ 0.1449€ 0.0732010203040506070809101112January 2023: € 0.1449 /kWhFebruary 2023: € 0.1446 /kWhMarch 2023: € 0.1133 /kWhApril 2023: € 0.1048 /kWhMay 2023: € 0.0824 /kWhJune 2023: € 0.0948 /kWhJuly 2023: € 0.0849 /kWhAugust 2023: € 0.0927 /kWhSeptember 2023: € 0.1014 /kWhOctober 2023: € 0.0992 /kWhNovember 2023: € 0.0935 /kWhDecember 2023: € 0.0732 /kWh

Monthly breakdown — 2023

Month€/MWh€/kWhMW
January 2023€ 144.87€ 0.14497,334
February 2023€ 144.60€ 0.14467,679
March 2023€ 113.31€ 0.11337,164
April 2023€ 104.79€ 0.10486,675
May 2023€ 82.39€ 0.08246,104
June 2023€ 94.83€ 0.09485,909
July 2023€ 84.87€ 0.08496,007
August 2023€ 92.67€ 0.09275,944
September 2023€ 101.38€ 0.10146,108
October 2023€ 99.22€ 0.09926,342
November 2023€ 93.48€ 0.09357,013
December 2023€ 73.16€ 0.07327,405

Austria runs one of Europe's cleanest electricity systems — hydropower covered 60–65% of generation in 2024, with the rest spread across wind (~10%), gas (~13%), biomass and rapidly-growing solar. Austrian Power Grid (APG), the national TSO, manages a single bidding zone tightly coupled to Germany via the synchronous Continental European grid. Day-ahead trading clears on EXAA in Vienna and EPEX SPOT, with results published just after midday CET.

Austria is a structural importer in winter when river flows drop and a net exporter in spring snowmelt. The Mur, Drau, Inn and Danube valleys host the bulk of run-of-river hydro; the Tauern range adds large pumped storage.

Coal-fired generation ended in 2020, and the government targets 100% renewable electricity by 2030 — a goal that requires roughly 27 TWh of new wind, solar and hydro capacity over the decade.

Current electricity prices in Austria