Electricity prices in Germany 2022
In 2022, the average wholesale day-ahead electricity price in Germany was € 0.2345 /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 | € 167.84 | € 0.1678 | 60,686 |
| February 2022 | € 128.90 | € 0.1289 | 62,397 |
| March 2022 | € 251.70 | € 0.2517 | 58,661 |
| April 2022 | € 165.91 | € 0.1659 | 55,701 |
| May 2022 | € 177.36 | € 0.1774 | 53,298 |
| June 2022 | € 218.27 | € 0.2183 | 52,692 |
| July 2022 | € 315.16 | € 0.3152 | 53,177 |
| August 2022 | € 465.33 | € 0.4653 | 52,573 |
| September 2022 | € 345.12 | € 0.3451 | 54,050 |
| October 2022 | € 152.87 | € 0.1529 | 56,989 |
| November 2022 | € 174.06 | € 0.1741 | 58,945 |
| December 2022 | € 251.45 | € 0.2515 | 57,399 |
Germany's electricity grid combines the most ambitious renewables expansion in the EU with the fastest fossil retirement: by 2025, wind and solar together delivered 56% of public-grid generation. The country shut its last three nuclear reactors in April 2023 and is phasing out coal by 2038 (or earlier under coalition agreements). Bundesnetzagentur, the federal regulator, oversees four TSOs — TenneT, 50Hertz, Amprion and TransnetBW — that together operate the joint DE-LU bidding zone.
The country's north hosts vast offshore wind clusters in the North and Baltic Seas, while the south depends on imports and hydropower from Austria/Switzerland; the proposed bidding-zone split has been politically deferred. Day-ahead prices on EPEX SPOT show extreme intraday volatility — solar overproduction frequently drives midday prices below zero in spring, while late-winter dunkelflauten push them above €500/MWh.