Electricity prices in Netherlands 2024
In 2024, the average wholesale day-ahead electricity price in Netherlands was € 0.0774 /kWh (▼19% 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 | € 78.42 | € 0.0784 | 12,367 |
| February 2024 | € 64.06 | € 0.0641 | 12,923 |
| March 2024 | € 63.82 | € 0.0638 | 11,932 |
| April 2024 | € 58.85 | € 0.0589 | 10,657 |
| May 2024 | € 65.99 | € 0.0660 | 10,158 |
| June 2024 | € 68.23 | € 0.0682 | 9,867 |
| July 2024 | € 65.17 | € 0.0652 | 10,002 |
| August 2024 | € 77.44 | € 0.0774 | 10,147 |
| September 2024 | € 77.81 | € 0.0778 | 10,780 |
| October 2024 | € 87.75 | € 0.0877 | 11,403 |
| November 2024 | € 113.49 | € 0.1135 | 12,863 |
| December 2024 | € 108.08 | € 0.1081 | 13,471 |
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.