Indexed quarterly average wholesale prices for selected regions, 2019-2024

Sources

IEA analysis using data from RTE (France) and Red Eléctrica (Spain) – both accessed via the ENTSO-E Transparency Platform; Bundesnetzagentur (2023), SMARD.de; Elexon (2023), Electricity data summary; AEMO (2023), Aggregated price and demand data; EIA (2023), Short-Term Energy Outlook January 2023; Nord Pool (2023), Market Data; IEX (2023), Area Prices; EEX (2023), Power Futures; JPX (2023), Daily Data (Electricity Futures); ASX (2023), Electricity Futures © ASX Limited ABN 98 008 624 691 (ASX) 2020. All rights reserved. This material is reproduced with the permission of ASX. This material should not be reproduced, stored in a retrieval system or transmitted in any form whether in whole or in part without the prior written permission of ASX. Latest update: 31 January 2023.

Notes

The European Index is calculated as the demand-weighted average of the prices for the European countries included in the analysis. For the Nordics region, the Nord Pool system price is used for the historical prices and EEX Nordics futures are used for forward prices. The prices for Australia and the United States are calculated as the demand-weighted average of the available prices of their regional markets. Continuous lines show historical data and dashed lines refer to forward prices. Price estimates for Q1 2023 and beyond are based on the historical prices and the latest forward baseload electricity prices, except for the United States, where we use EIA (2023) values. The forward prices for Japan are volume-weighted estimates of the latest JPX settlement prices, considering the baseload contracts (areas B1 and B3).