⚡️ Electricity prices Europe 21/10/2024

1. Europe
2. Denmark

⚡️ Electricity prices ¹🇩🇰 Denmark ^DK1 ⚡️

The latest energy price in Denmark is € 123.32 ^MWh, or € 0.12 ^kWh

This is 7% more than yesterday.

In Denmark's local currency this equivalent to 918 DKK ^MWh, or 0.92 DKK ^kWh.

2024-10-21 - 2024-11-21

Denmark is a country known for its advanced energy policies and ambitious climate targets. As a result, it has one of the highest shares of renewable energy in its electricity mix in the world.

However, this achievement comes at a cost, and the price of electricity in Denmark is among the highest in Europe. The country's electricity prices are influenced by various factors, including taxes, levies, and fees that are designed to promote sustainable energy generation and consumption.

In order to combat the rising electricity price, Denmark decided to reduce prices of energy taxes last year.

Despite the high prices, Denmark's energy policies have positioned it as a leader in sustainable energy production and a model for other countries looking to transition to a greener energy future.