Electricity prices in Germany and Luxembourg today
The wholesale day-ahead price in Germany and Luxembourg is €234.00 per MWh right now, or €0.2340 per kWh. Today's average is €259.83/MWh, −€15.81 against yesterday, and €25.71 above the European average of €234.12/MWh.
- Average today
- €259.83
- /MWh
- Lowest
- €220.00
- /MWh at 09:45
- Highest
- €344.92
- /MWh at 15:45
- In €/kWh
- €0.2598
- /kWh wholesale only
Price for each interval, 7 November 2026
96 of 96 intervals published at 15-minute resolution.
Cheapest electricity hours today
The three cheapest intervals in Germany and Luxembourg today average €222.32/MWh, €37.50 below the day's average of €259.83. The lowest of them is €220.00/MWh at 09:45. Over the last seven days the cheapest hour in Germany and Luxembourg has typically been around 12:00. Solar is what puts it there, so it moves with the season rather than with the day.
- 09:45 – 10:00€220.00/MWh
- 11:15 – 11:30€223.24/MWh
- 13:15 – 13:30€223.73/MWh
When is electricity most expensive?
The three most expensive intervals average €331.92/MWh, €72.10 above the day's average. The highest is €344.92/MWh at 15:45. The peak has typically been around 17:00 over the last seven days. It is the hour solar output has fallen but demand has not, which is when gas sets the price.
- 15:45 – 16:00€344.92/MWh
- 17:30 – 17:45€325.87/MWh
- 17:45 – 18:00€324.98/MWh
How Germany and Luxembourg compares with the rest of Europe
Germany and Luxembourg is averaging €259.83/MWh today against a European average of €234.12/MWh — €25.71 more expensive. The cheapest zone in Europe today is north-central Sweden (SE2) at €3.54/MWh, and the most expensive Ireland and Northern Ireland at €453.89. Both are the same market, priced differently because the lines between them are full.
More for Germany and Luxembourg
EPEX SPOT prices
The day-ahead price for Germany and Luxembourg is set in the daily auction run by EPEX SPOT, not here. We read the result from the ENTSO-E Transparency Platform, so the figure on this page is the one that auction cleared.
About this market
Germany and Luxembourg form one single bidding zone and always clear at exactly the same price. It is the largest and most traded power market in Europe, and its high wind and solar share makes it the zone where negative prices occur most often.
Method and source
- Source: ENTSO-E Transparency Platform.
- Market: day-ahead auction. Zone: DE_LU. Timezone: Europe/Berlin.
- The daily average is the arithmetic mean of every published interval of the local day, not weighted by volume.
- This is a wholesale price. Network charges, levies, taxes and supplier margin are not included, and a household tariff is typically several times higher.