Electricity prices in Netherlands 2023
In 2023, the average wholesale day-ahead electricity price in Netherlands was € 0.0963 /kWh (▼60% vs 2022). Below is the month-by-month breakdown plus a chart of how prices moved through the year.
Monthly breakdown — 2023
| Month | €/MWh | €/kWh | MW |
|---|---|---|---|
| January 2023 | € 126.14 | € 0.1261 | 11,541 |
| February 2023 | € 134.99 | € 0.1350 | 11,847 |
| March 2023 | € 104.72 | € 0.1047 | 11,327 |
| April 2023 | € 98.77 | € 0.0988 | 9,427 |
| May 2023 | € 78.02 | € 0.0780 | 8,875 |
| June 2023 | € 92.12 | € 0.0921 | 8,768 |
| July 2023 | € 72.92 | € 0.0729 | 9,546 |
| August 2023 | € 91.47 | € 0.0915 | 9,677 |
| September 2023 | € 98.70 | € 0.0987 | 10,497 |
| October 2023 | € 90.35 | € 0.0904 | 11,027 |
| November 2023 | € 94.30 | € 0.0943 | 12,104 |
| December 2023 | € 73.09 | € 0.0731 | 13,210 |
The Netherlands runs one of Europe's most gas-dependent electricity grids — gas-fired CCGTs covered ~50% of generation in 2024 — but is also the EU's fastest renewables-deployer per capita. TenneT operates the joint Netherlands TSO role and the German DE-LU bidding zone, making the country one of Europe's most electrically integrated. Solar PV expanded explosively after the 2018 SDE++ reform: by 2024, over 22 GW was installed — roughly one panel per resident — covering ~17% of annual demand and frequently driving midday prices below zero in spring.
Offshore wind in the North Sea has grown to ~5 GW with another 21 GW contracted by 2032. The single Borssele nuclear reactor (~3% of supply) will be joined by 2–4 new units in the 2030s under the 2024 government plan.
Coal generation ends in 2030; the Maasvlakte 3 plant is among the youngest coal units in Europe to be retired prematurely.