🇨🇿 Electricity spot price in Czech Republic today – May 4, 2024

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

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Electricity price today in Czech Republic

Right now the price of electricity in Czech Republic is   0.021 €/kWh -7,9 %

Highest electricity price today is 0.134 €/kWh at 20-21 Lowest electricity price today is 0.012 €/kWh at 14-15 On average the electricity price today is ~0.073 €/kWh
Detailed tabled Last 30 days

A shower costs today
0.13 € in Czech Republic

Lowest price today: 0.80 € Highest price today: 0.07 €

10 min, 160 l of water = ~6 kWh

A bath costs today
0.16 € in Czech Republic

Lowest price today: 1.00 € Highest price today: 0.09 €

200 liters of water = ~7,5 kWh

An oven at full blast all day costs today
1.75 € in Czech Republic

 

1000W x 24 hours = 24 kWh

Boil 1 liter of water costs today
<0.01 € in Czech Republic

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

Hot plate for 4 min = ~0,12 kWh

Bake a pizza costs today
0.02 € in Czech Republic

Lowest price today: 0.15 € Highest price today: 0.01 €

Oven for 30 min = ~1,1 kWh

Charge an electric car costs today
0.95 € in Czech Republic

Lowest price today: 6.02 € Highest price today: 0.56 €

Nissan Leaf 10-80% = ~45 kWh

More examples
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Understanding the electricity market in the Czech Republic

Overview of energy sources in the Czech Republic

The Czech Republic's energy sector is characterized by a diverse mix of sources. The primary source of electricity in the country is coal, which has historically played a central role in its energy production.

Energy sources in Czech Republic

Coal-fired power plants continue to be a significant part of the energy landscape, despite global trends moving towards renewable sources. This reliance on coal is due to the country's abundant coal reserves and established infrastructure.

The role of nuclear and renewable energy

Nuclear energy is another key component of the Czech Republic's electricity mix. Nuclear power plants, notably the Temelín and Dukovany facilities, provide a substantial portion of the country's electricity, highlighting its importance in the national energy strategy.

Renewable energy sources, including wind, solar, and biomass, are gradually being integrated into the energy system. These sources represent the country's commitment to reducing its carbon footprint and adhering to European Union directives on renewable energy.

Integration into the EU electricity market

As a member of the European Union, the Czech Republic is integrated into the EU electricity market. This integration facilitates cross-border trade and cooperation in the energy sector.

Being part of the EU market allows the Czech Republic to engage in electricity trading, benefiting from the interconnected European grid. This market integration is essential for ensuring energy security and efficiency within the country and across Europe.

Interconnections with neighboring countries

The Czech Republic's electricity infrastructure is robustly connected with neighboring countries. These connections are not only physical but also extend to regulatory and economic aspects, supporting a dynamic energy exchange.

Interconnections with countries like Germany, Austria, Poland, and Slovakia are vital for the stability and reliability of the Czech electricity supply. They enable the balancing of energy demands and enhance the resilience of the national grid.

Challenges and future prospects in energy transition

The Czech Republic faces challenges in transitioning from traditional energy sources like coal to more sustainable options. The transition requires significant investment and policy shifts, considering economic and social factors.

The future of the Czech energy sector is likely to see an increased focus on clean energy technologies and energy efficiency. The government and industry stakeholders are working towards a more sustainable and environmentally friendly energy landscape.

In conclusion, the electricity market in the Czech Republic is a complex mix of traditional and modern energy sources. Coal and nuclear power remain predominant, but there is a growing emphasis on renewable energy.

The country's integration into the EU electricity market and its connections with neighboring nations are critical components of its energy policy. Moving forward, the Czech Republic is poised to continue evolving its energy sector to meet contemporary challenges and opportunities.


Energy saving tips

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.

Switch to energy-saving light bulbs

Lighting is not the thing that uses the most electricity, but it can still be a good investment to switch to energy-efficient and LED lights. These provide up to 10x more light with the same amount of energy.

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: Sat, 04 May 2024 12:16

Data source is ENTSO-E