Quarterly average wholesale electricity prices for selected regions, 2019-2027

Sources

IEA analysis based on data from RTE (France) – accessed via the ENTSO-E Transparency Platform; Bundesnetzagentur (2025), SMARD.de; Australian Energy Market Operator (AEMO), (2025), Aggregated price and demand data; EIA (2025), Short-Term Energy Outlook, July 2025; IEX (2025), Day-Ahead Market; EEX (2025), Power Futures; ASX (2025), Electricity Futures. Reproduction of ASX content is subject to licence restrictions, (Full disclaimer in the PDF).

Notes

Prices are in nominal values, converted to USD based on the average exchange rate of the quarterly period. 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.