๐Ÿ‡ฎ๐Ÿ‡น Electricity spot price in Italy (Centre-North) today โ€“ July 24, 2024

Electricity spot prices in Italy (Centre-North) today, hour by hour. Including prices for the last 30 days.

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Electricity price today in Italy (Centre-North)

Right now the price of electricity in Italy (Centre-North) is   0.100 โ‚ฌ/kWh -3,2 %

Highest electricity price today is 0.173 โ‚ฌ/kWh at 20-21 Lowest electricity price today is 0.099 โ‚ฌ/kWh at 12-13 On average the electricity price today is ~0.112 โ‚ฌ/kWh
Detailed tabled Last 30 days

A shower costs today
0.60 โ‚ฌ in Italy (Centre-North)

Lowest price today: 1.04 โ‚ฌ Highest price today: 0.59 โ‚ฌ

10 min, 160 l of water = ~6 kWh

A bath costs today
0.75 โ‚ฌ in Italy (Centre-North)

Lowest price today: 1.30 โ‚ฌ Highest price today: 0.74 โ‚ฌ

200 liters of water = ~7,5 kWh

An oven at full blast all day costs today
2.69 โ‚ฌ in Italy (Centre-North)

 

1000W x 24 hours = 24 kWh

Boil 1 liter of water costs today
0.01 โ‚ฌ in Italy (Centre-North)

Lowest price today: 0.02 โ‚ฌ Highest price today: 0.01 โ‚ฌ

Hot plate for 4 min = ~0,12 kWh

Bake a pizza costs today
0.11 โ‚ฌ in Italy (Centre-North)

Lowest price today: 0.19 โ‚ฌ Highest price today: 0.11 โ‚ฌ

Oven for 30 min = ~1,1 kWh

Charge an electric car costs today
4.50 โ‚ฌ in Italy (Centre-North)

Lowest price today: 7.77 โ‚ฌ Highest price today: 4.46 โ‚ฌ

Nissan Leaf 10-80% = ~45 kWh

More examples
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Electricity market in Italy: IT2 zone - Centre-North

Introduction to the IT2 zone

The IT2 zone, a key electricity market area in Italy, encompasses the Centre-North region. This area is characterized by its diverse landscape, ranging from rolling hills to bustling urban centers.

Florence stands as the largest city in this zone. Its historical significance and modern-day energy demands make it a central figure in the IT2 electricity market.

Geographical influence on electricity distribution

The geographical diversity of the Centre-North region of Italy contributes to the unique structure of the IT2 electricity zone. The area's varied terrain impacts the distribution and transmission of electricity.

Challenges in electricity transfer due to the region's topography are a significant factor in the distinct electricity pricing strategies in the IT2 zone. This also affects the overall energy infrastructure development.

Italy electricity sources

Energy mix and sources in the Centre-North

The IT2 zone's energy market is defined by a blend of different sources. This includes traditional fossil fuels, renewable energy, and imported electricity, each contributing to the region's energy profile.

Recent shifts towards renewable sources, such as solar and hydroelectric power, reflect the region's commitment to sustainable energy practices. These changes are increasingly influencing the electricity pricing and availability in the IT2 zone.

EU electricity market integration

As part of the broader EU electricity market, the IT2 zone benefits from cross-border energy exchanges. This integration aids in stabilizing the electricity supply and pricing within the region.

Connections with neighboring countries, along with EU energy policies, play a pivotal role in shaping the electricity market dynamics in the Centre-North region of Italy.

Challenges and future prospects in IT2

The Centre-North region faces unique challenges in its electricity market, such as the need for infrastructure upgrades and the integration of a growing proportion of renewable energy sources.

Opportunities for development include enhancing grid modernization, expanding renewable energy projects, and implementing energy efficiency measures. These efforts are expected to positively impact the long-term sustainability and economic growth of the IT2 zone.


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 Italy (Centre-North) you can save 0.30 โ‚ฌ for each shower.

Questions and answers about electricity

What is spot price?

Most electricity companies in Europe buy electricity on a common market place, such as Nord Pool. All power plants that produce electricity and electricity companies that supply electricity to homes and businesses meet there. Based on supply and demand, prices are set for each hour and each area, one day in advance. Some countries, such as Norway, are divided into several different price areas, each of which has its own spot price.

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 13:37

Data source is ENTSO-E