Electricity prices in Italy 2022

In 2022, the average wholesale day-ahead electricity price in Italy was € 0.2984 /kWh. Below is the month-by-month breakdown plus a chart of how prices moved through the year.

Year average
€ 0.2984 /kWh
Cheapest month
October 2022
€ 0.2091 /kWh
Most expensive month
August 2022
€ 0.5344 /kWh
€ 0.5344€ 0.2091010203040506070809101112January 2022: € 0.2218 /kWhFebruary 2022: € 0.2106 /kWhMarch 2022: € 0.3045 /kWhApril 2022: € 0.2431 /kWhMay 2022: € 0.2331 /kWhJune 2022: € 0.2691 /kWhJuly 2022: € 0.4282 /kWhAugust 2022: € 0.5344 /kWhSeptember 2022: € 0.4214 /kWhOctober 2022: € 0.2091 /kWhNovember 2022: € 0.2203 /kWhDecember 2022: € 0.2856 /kWh

Monthly breakdown — 2022

Month€/MWh€/kWhMW
January 2022€ 221.76€ 0.22185,416
February 2022€ 210.56€ 0.21065,654
March 2022€ 304.49€ 0.30455,470
April 2022€ 243.11€ 0.24314,961
May 2022€ 233.07€ 0.23315,114
June 2022€ 269.09€ 0.26915,756
July 2022€ 428.20€ 0.42826,205
August 2022€ 534.36€ 0.53445,160
September 2022€ 421.45€ 0.42145,310
October 2022€ 209.11€ 0.20914,878
November 2022€ 220.29€ 0.22035,122
December 2022€ 285.62€ 0.28565,043

Italy's electricity grid is split into six bidding zones (North, Centre-North, Centre-South, South, Sardinia, Sicily) reflecting strong regional price differences caused by limited internal transmission and congested HVAC corridors. Terna, the national TSO, runs all zones and operates GME — the day-ahead market. Italy phased out nuclear power after the 1987 referendum and never returned, making it Europe's largest electricity importer at ~13% of consumption (mostly French nuclear and Swiss hydro).

Domestic generation depends on gas (~50%), hydro from the alpine north (~17%), solar (~11%) and wind (~7%). The Mezzogiorno hosts most renewables potential but lacks transmission capacity; Terna's Tyrrhenian Link, an 800 km HVDC cable connecting Sicily, Sardinia and the mainland, is scheduled for completion in 2028 and would unlock ~10 GW of additional renewable build-out in the south.

The 2024 Decreto Aree Idonee finally simplified solar permitting after years of regional veto wars.

Current electricity prices in Italy