Electricity price exceeds seven kroner per hour in Eastern Denmark
The electricity price in eastern Denmark is expected to surpass seven kroner per kilowatt-hour for one hour on Tuesday evening, marking the highest rate since the energy crisis of 2022.
On Tuesday evening, electricity prices in eastern Denmark are expected to reach over seven kroner per kilowatt-hour between 5 PM and 6 PM, with peak pricing anticipated around 5:45 PM. This surge in prices, as reported by energy company OK, is notable as it represents the highest rate observed since the energy crisis of 2022. Comparatively, the average electricity price for the entire year of 2025 was only 65 ΓΈre, which was among the lowest averages in recent years.
The structure of the electricity bill in Denmark comprises three components: charges from the electricity supplier, the network provider, and the energy company. It's noted that the actual cost of electricity accounts for roughly 35 percent of the total bill, with the remainder comprising taxes, VAT, and transportation fees for electricity. As such, several external factors contribute to the fluctuation of electricity prices across the country.
As of now, the reason for this significant price hike remains unclear, according to OK. The unpredictability of energy prices is a growing concern among consumers and businesses alike, especially in light of past energy crises. With high electricity prices expected to be in effect for this particular hour, the implications for household budgets and business operations could be substantial, prompting discussions about energy policies and consumer protections moving forward.