Electricity prices in Austria 2024
In 2024, the average wholesale day-ahead electricity price in Austria was € 0.0815 /kWh (▼20% vs 2023). Below is the month-by-month breakdown plus a chart of how prices moved through the year.
Monthly breakdown — 2024
| Month | €/MWh | €/kWh | MW |
|---|---|---|---|
| January 2024 | € 81.27 | € 0.0813 | 7,503 |
| February 2024 | € 65.78 | € 0.0658 | 7,118 |
| March 2024 | € 63.65 | € 0.0636 | 6,706 |
| April 2024 | € 58.73 | € 0.0587 | 6,228 |
| May 2024 | € 64.13 | € 0.0641 | 5,776 |
| June 2024 | € 67.75 | € 0.0677 | 6,223 |
| July 2024 | € 63.55 | € 0.0635 | 6,443 |
| August 2024 | € 85.12 | € 0.0851 | 6,293 |
| September 2024 | € 81.85 | € 0.0818 | 6,574 |
| October 2024 | € 85.62 | € 0.0856 | 6,691 |
| November 2024 | € 131.00 | € 0.1310 | 7,222 |
| December 2024 | € 129.75 | € 0.1298 | 7,722 |
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.