Electricity prices in Belgium 2022
In 2022, the average wholesale day-ahead electricity price in Belgium was € 0.2438 /kWh. Below is the month-by-month breakdown plus a chart of how prices moved through the year.
Monthly breakdown — 2022
| Month | €/MWh | €/kWh | MW |
|---|---|---|---|
| January 2022 | € 191.34 | € 0.1913 | 10,670 |
| February 2022 | € 162.38 | € 0.1624 | 10,592 |
| March 2022 | € 266.05 | € 0.2661 | 9,920 |
| April 2022 | € 186.30 | € 0.1863 | 9,427 |
| May 2022 | € 176.55 | € 0.1765 | 9,072 |
| June 2022 | € 219.23 | € 0.2192 | 9,098 |
| July 2022 | € 321.51 | € 0.3215 | 8,683 |
| August 2022 | € 448.22 | € 0.4482 | 8,842 |
| September 2022 | € 346.17 | € 0.3462 | 8,988 |
| October 2022 | € 157.57 | € 0.1576 | 8,887 |
| November 2022 | € 180.80 | € 0.1808 | 9,078 |
| December 2022 | € 269.23 | € 0.2692 | 9,833 |
Belgium's electricity mix shifted sharply after the 2025 nuclear phase-out plan was partially reversed: Doel 4 and Tihange 3 will run until 2035, supplying around 25% of generation, while gas-fired CCGTs cover the steady-state load. Wind — split roughly 60/40 onshore/offshore — provides the largest renewable share, with the country's North Sea zone hosting some of Europe's densest offshore wind clusters. Elia, the national TSO, runs a single bidding zone (BE) tightly coupled to France, the Netherlands, Germany, Luxembourg and the UK via the Nemo Link HVDC.
Day-ahead clearing happens on EPEX SPOT Belgium. Solar PV has tripled since 2020 thanks to generous net-metering reforms; rooftop PV now covers about 9% of annual demand.
Industrial users still rely heavily on imported electricity, especially during winter cold spells when domestic capacity tightens.