🇩🇪 Electricity spot price in Germany today – July 24, 2024

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

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Electricity price today in Germany

Right now the price of electricity in Germany is   -0.002 €/kWh -17,2 %

Highest electricity price today is 0.129 €/kWh at 07-08 Lowest electricity price today is -0.002 €/kWh at 14-15 On average the electricity price today is ~0.066 €/kWh
Detailed tabled Last 30 days

A shower costs today
-0.01 € in Germany

Lowest price today: 0.77 € Highest price today: -0.01 €

10 min, 160 l of water = ~6 kWh

A bath costs today
-0.02 € in Germany

Lowest price today: 0.97 € Highest price today: -0.02 €

200 liters of water = ~7,5 kWh

An oven at full blast all day costs today
1.58 € in Germany

 

1000W x 24 hours = 24 kWh

Boil 1 liter of water costs today
<0.01 € in Germany

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

Hot plate for 4 min = ~0,12 kWh

Bake a pizza costs today
<0.01 € in Germany

Lowest price today: 0.14 € Highest price today: <0.01 €

Oven for 30 min = ~1,1 kWh

Charge an electric car costs today
-0.09 € in Germany

Lowest price today: 5.80 € Highest price today: -0.09 €

Nissan Leaf 10-80% = ~45 kWh

More examples
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Electricity market in Germany

Energy sources in Germany

Germany's energy sector encompasses a diverse array of sources. The nation has been progressively transitioning towards renewable energy.

Energy sources in Germany

Renewable energies, especially wind and solar, play a major role in the energy landscape, showcasing Germany's dedication to sustainability and ecological consideration.

Renewable energy leadership

As a frontrunner in renewable energy, Germany has invested extensively in wind and solar power. These sources have been increasingly integrated into the national power grid.

Wind power, both onshore and offshore, along with solar energy, forms the backbone of Germany's renewable energy sector.

Nuclear and coal energy

Despite the focus on renewables, nuclear and coal sources are still part of Germany's energy mix. These sources, however, are being phased out in line with environmental goals.

The German government has set timelines for the decommissioning of nuclear power plants and is steadily reducing reliance on coal.

EU electricity market integration

Germany is an integral part of the EU electricity market. This integration facilitates cross-border energy exchange, enhancing supply security and market efficiency.

The interconnectivity with neighboring countries allows for a more robust and resilient energy network, adapting to fluctuating demands and supply.

Energy transition and policy

The German energy transition, or 'Energiewende', is a key policy initiative. It aims to increase renewable energy use and reduce carbon emissions.

This transition is not just a technological shift but also involves regulatory, economic, and social dimensions, reflecting Germany's holistic approach to energy policy.

Challenges and future outlook

Germany faces challenges in balancing energy demands, environmental goals, and economic considerations. The transition to renewables is complex and multifaceted.

Looking forward, Germany is poised to continue its role as a leader in sustainable energy practices, setting a precedent for other nations to follow.


Energy saving tips

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.

Take a shorter shower or install an energy-saving shower

With the energy-saving shower, you can save up to 50% energy compared to standard shower heads. Or you can shower half the time. With the electricity price today in Germany you can save -0.01 € for each shower.

Questions and answers about electricity

What uses the most electricity at home?

Heating certainly uses the most electricity, closely followed by hot water and charging electric cars. Electrical appliances such as TVs, mobile phones and computers use very little electricity in relation to heating.

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: Wed, 24 Jul 2024 14:12

Data source is ENTSO-E