Electricity prices in Denmark 2022
In 2022, the average wholesale day-ahead electricity price in Denmark was 1.597 kr /kWh. Below is the month-by-month breakdown plus a chart of how prices moved through the year.
Monthly breakdown — 2022
| Month | DKK/MWh | DKK/kWh | MW |
|---|---|---|---|
| January 2022 | 859.59 kr | 0.860 kr | 2,263 |
| February 2022 | 798.80 kr | 0.799 kr | 2,278 |
| March 2022 | 1,730.43 kr | 1.730 kr | 2,104 |
| April 2022 | 1,183.20 kr | 1.183 kr | 1,951 |
| May 2022 | 1,249.05 kr | 1.249 kr | 1,854 |
| June 2022 | 1,599.31 kr | 1.599 kr | 1,830 |
| July 2022 | 1,902.78 kr | 1.903 kr | 1,691 |
| August 2022 | 3,389.15 kr | 3.389 kr | 1,832 |
| September 2022 | 2,502.11 kr | 2.502 kr | 1,806 |
| October 2022 | 1,023.89 kr | 1.024 kr | 1,818 |
| November 2022 | 1,065.25 kr | 1.065 kr | 2,016 |
| December 2022 | 1,861.63 kr | 1.862 kr | 2,106 |
Denmark generates the world's highest share of wind power per capita: in 2024 wind provided 56% of electricity, supplemented by biomass (~16%) and rapidly-growing solar (~9%). Energinet, the state-owned TSO, splits the country into two bidding zones — DK1 (Jutland and Funen, synchronously connected to the German grid) and DK2 (Zealand and Bornholm, connected to the Nordic grid). The 1.4 GW Viking Link to the UK opened in 2024, joining existing HVDC links to Norway, Sweden, Germany and the Netherlands; Denmark is now Europe's most-connected grid relative to its size.
Coal generation is set to end fully by 2028 with the Esbjerg-3 closure. Day-ahead clearing happens on Nord Pool.
The Energy Islands project — two artificial offshore hubs in the North Sea — is targeted for commercial operation in the early 2030s and would add 10 GW of offshore wind feeding multiple countries simultaneously.