Monthly wholesale electricity prices in Austria 2019-2024

In September 2024, the average wholesale electricity price in Austria amounted to 81.7 euros per megawatt-hour, an increase on the previous month. In August 2022, Austria's electricity prices reached a record high, at around 489.5 euros per megawatt-hour.Between mid-2021 and mid-2022, figures soared across Europe, the consequence of an energy supply shortage which severely impacted the continent. The situation was further aggravated by Russia's invasion of Ukraine in February 2022.