Electricity prices in Italy 2024
In 2024, the average wholesale day-ahead electricity price in Italy was € 0.1094 /kWh (▼14% vs 2023). Below is the month-by-month breakdown plus a chart of how prices moved through the year.
Monthly breakdown — 2024
| Month | €/MWh | €/kWh | MW |
|---|---|---|---|
| January 2024 | € 99.09 | € 0.0991 | 5,332 |
| February 2024 | € 87.81 | € 0.0878 | 5,400 |
| March 2024 | € 88.62 | € 0.0886 | 5,069 |
| April 2024 | € 86.83 | € 0.0868 | 4,728 |
| May 2024 | € 95.96 | € 0.0960 | 4,804 |
| June 2024 | € 104.79 | € 0.1048 | 5,129 |
| July 2024 | € 116.31 | € 0.1163 | 6,125 |
| August 2024 | € 130.10 | € 0.1301 | 5,412 |
| September 2024 | € 117.46 | € 0.1175 | 5,238 |
| October 2024 | € 120.49 | € 0.1205 | 5,055 |
| November 2024 | € 130.86 | € 0.1309 | 5,170 |
| December 2024 | € 134.46 | € 0.1345 | 5,151 |
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.