🇧🇪 Electricity spot price in Belgium today – November 4, 2024

Electricity spot prices in Belgium today, hour by hour. Including prices for the last 30 days.

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Electricity price today in Belgium

Right now the price of electricity in Belgium is   0.098 €/kWh +27,8 %

Highest electricity price today is 0.196 €/kWh at 17-18 Lowest electricity price today is 0.089 €/kWh at 03-04 On average the electricity price today is ~0.116 €/kWh
Detailed tabled Last 30 days

A shower costs today
0.59 € in Belgium

Lowest price today: 1.18 € Highest price today: 0.53 €

10 min, 160 l of water = ~6 kWh

A bath costs today
0.73 € in Belgium

Lowest price today: 1.47 € Highest price today: 0.66 €

200 liters of water = ~7,5 kWh

An oven at full blast all day costs today
2.78 € in Belgium

 

1000W x 24 hours = 24 kWh

Boil 1 liter of water costs today
0.01 € in Belgium

Lowest price today: 0.02 € Highest price today: 0.01 €

Hot plate for 4 min = ~0,12 kWh

Bake a pizza costs today
0.11 € in Belgium

Lowest price today: 0.22 € Highest price today: 0.10 €

Oven for 30 min = ~1,1 kWh

Charge an electric car costs today
4.40 € in Belgium

Lowest price today: 8.82 € Highest price today: 3.99 €

Nissan Leaf 10-80% = ~45 kWh

More examples
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Electricity market in Belgium: An overview

Primary sources of electricity in Belgium

Belgium, a key player in the European electricity landscape, relies on a diverse mix of energy sources to meet its electricity needs. The country's energy sector is characterized by a balanced approach, combining renewable and conventional energy sources.

Energy sources in Belgium

The main source of electricity in Belgium is nuclear power, which contributes significantly to the nation's energy mix. This is complemented by renewable energy sources such as wind and solar power, as well as natural gas. The blend of these sources ensures a steady and reliable supply of electricity across Belgium.

Renewable energy expansion

In recent years, Belgium has made substantial progress in expanding its renewable energy capacity. This shift aligns with global trends towards sustainable and eco-friendly energy solutions.

Wind and solar power have seen notable growth, with several large-scale projects contributing to an increase in renewable energy production. These developments reflect Belgium's commitment to reducing its carbon footprint and embracing cleaner energy sources.

Nuclear energy's role

Nuclear energy plays a pivotal role in Belgium's electricity market. It offers a significant amount of the country's electricity supply, ensuring energy security and contributing to the national grid's stability.

The strategic use of nuclear power also aids Belgium in meeting its energy demands while maintaining a low-carbon energy profile. However, discussions around nuclear energy's future in the country's energy mix continue, reflecting a global conversation on the role of nuclear power in sustainable energy strategies.

Integration with the EU electricity market

Belgium is an integral part of the European Union's electricity market. This interconnection provides numerous benefits, including improved energy security and increased market competitiveness.

Being connected to the EU electricity grid allows Belgium to engage in cross-border electricity trading. This integration facilitates the balancing of electricity supply and demand, not only within Belgium but across neighboring countries as well.

Electricity trade with neighboring countries

Belgium's electricity network is well-connected with its neighboring countries, which include France, the Netherlands, Germany, and Luxembourg. This interconnectivity is a key aspect of the country's energy strategy.

Through these connections, Belgium is able to import and export electricity, ensuring a more efficient and stable electricity supply. This cross-border energy exchange is vital for meeting peak demand periods and managing supply fluctuations.

Future outlook

Looking forward, Belgium is poised to continue its journey towards a more sustainable and diversified energy portfolio. The focus on renewable energy, along with considerations for the role of nuclear power, will shape the future of Belgium's electricity market.

The ongoing integration with the EU electricity market and collaboration with neighboring countries will further strengthen Belgium's position as a key player in the European energy sector. These efforts are expected to contribute to a more resilient and sustainable electricity system in Belgium.


Energy saving tips

Charge the electric car when electricity is cheapest

The price of electricity can fluctuate a lot during the day and charging an electric car consumes a lot of electricity. With the cost of electricity today in Belgium it is 4.83 € cheaper to charge at the hours with the lowest price.

Lower the temperature by one degree

Heating is one of the things that consumes the most electricity in a typical home. You save about 5% of the costs for heating for every degree you lower the interior temperature.

Questions and answers about electricity

What determines the electricity spot price?

Supply and demand determine the price of electricity in Europe. If there is a high production of electricity from power plants and demand is low, the price will fall. If, on the other hand, the production of electricity is small and demand is high, prices will increase. Therefore, the price of electricity is often highest in winter, as the need for electricity for heating is highest.

More questions and answers


All prices are current open market spot prices in the day-ahead segment without local vat, tax or other additions.

Timezone is Central European Time (CET) with Daylight Saving Time (DST). Current time: Mon, 04 Nov 2024 14:47

Data source is ENTSO-E