Germany and Luxembourg Negative Electricity Prices and Spikes, 2026
Day-ahead electricity prices in Germany and Luxembourg were below zero for 459 hours (7.3% of hours) on 89 days in 2026 up to 2026-09-20 (20 September 2026). The lowest interval price was EUR -499.99/MWh on 2026-05-01 (1 May 2026) and the highest EUR 747.10/MWh on 2026-06-24 (24 June 2026). Prices are day-ahead, in EUR per MWh as published, and are not converted.
Key Facts
- Day-ahead electricity prices in Germany and Luxembourg were below zero for 459 hours (7.3% of hours) on 89 days in 2026 up to 2026-09-20 (20 September 2026). The lowest interval price was EUR -499.99/MWh on 2026-05-01 (1 May 2026) and the highest EUR 747.10/MWh on 2026-06-24 (24 June 2026).
- The longest streak of consecutive days with a price below zero in Germany and Luxembourg in 2026 was 13 days, from 2026-04-21 (21 April 2026) to 2026-05-03 (3 May 2026).
- In September 2026 up to 2026-09-20 (20 September 2026), Germany and Luxembourg had 31.5 hours below zero on 6 days.
- Since 2025-08-17 (17 August 2025), the lowest price in Germany and Luxembourg was EUR -499.99/MWh on 2026-05-01 (1 May 2026) and the highest EUR 747.10/MWh on 2026-06-24 (24 June 2026).
Hours Below Zero
Delivery days to 2026-09-20, local time| Period | Days with data | Hours below zero | Share of hours | Days below zero | Longest streak of days |
|---|---|---|---|---|---|
| September 2026 to date | 20 | 31.5 hours | 6.6% | 6 | 3 days (2026-09-04 to 2026-09-06) |
| 2026 to date | 263 | 459 hours | 7.3% | 89 | 13 days (2026-04-21 to 2026-05-03) |
| Since 2025-08-17 | 400 | 585.75 hours | 6.1% | 111 | 13 days (2026-04-21 to 2026-05-03) |
Hours are time weighted, so 15 minute and 60 minute intervals count alike. Share of hours divides by 24 times the days with data, so it is approximate on clock change days. A streak is consecutive local days each with at least one interval below zero, not a continuous run of hours.
Source: ENTSO-E Transparency Platform (transparency.entsoe.eu), CC BY 4.0. Aggregated and converted by World Power Monitor; ENTSO-E does not endorse this site. (ENTSO-E Terms of Use plus CC BY 4.0 for listed data items) Data as of 2026-09-20. Computed by World Power Monitor from the day-ahead price statistics of each local delivery day.
Lowest and Highest Prices
EUR/MWh, single market interval| Period | Lowest price | Delivery day | Highest price | Delivery day |
|---|---|---|---|---|
| September 2026 to date | EUR -19.00/MWh | 2026-09-05 (5 September 2026) | EUR 740.01/MWh | 2026-09-14 (14 September 2026) |
| 2026 to date | EUR -499.99/MWh | 2026-05-01 (1 May 2026) | EUR 747.10/MWh | 2026-06-24 (24 June 2026) |
| Since 2025-08-17 | EUR -499.99/MWh | 2026-05-01 (1 May 2026) | EUR 747.10/MWh | 2026-06-24 (24 June 2026) |
The lowest and highest prices are single market intervals of 15 or 60 minutes, not daily averages. The delivery day is the local day the interval belongs to.
Source: ENTSO-E Transparency Platform (transparency.entsoe.eu), CC BY 4.0. Aggregated and converted by World Power Monitor; ENTSO-E does not endorse this site. (ENTSO-E Terms of Use plus CC BY 4.0 for listed data items) Data as of 2026-09-20.
Longest Run Below Zero, Last 7 Days
Unbroken market intervalsIn the last 7 days of intervals held, the longest unbroken run of prices below zero in Germany and Luxembourg lasted 6.75 hours, from 20 Sept 2026, 10:30 CEST (UTC+02:00) to 20 Sept 2026, 17:15 CEST (UTC+02:00), with a lowest price of EUR -2.02/MWh.
Source: ENTSO-E Transparency Platform (transparency.entsoe.eu), CC BY 4.0. Aggregated and converted by World Power Monitor; ENTSO-E does not endorse this site. (ENTSO-E Terms of Use plus CC BY 4.0 for listed data items) Data as of 2026-09-20T21:45:00Z.
Hours Below Zero Each Day
Local delivery days, 2025-08-17 to 2026-09-20| Delivery day (local) | Hours below zero |
|---|---|
| 2025-08-17 | 3 hours |
| 2025-08-18 | 0 hours |
| 2025-08-19 | 0 hours |
| 2025-08-20 | 0 hours |
| 2025-08-21 | 0 hours |
| 2025-08-22 | 0 hours |
| 2025-08-23 | 0 hours |
| 2025-08-24 | 6 hours |
| 2025-08-25 | 0 hours |
| 2025-08-26 | 0 hours |
| 2025-08-27 | 0 hours |
| 2025-08-28 | 0 hours |
| 2025-08-29 | 0 hours |
| 2025-08-30 | 3 hours |
| 2025-08-31 | 5 hours |
| 2025-09-01 | 0 hours |
| 2025-09-02 | 0 hours |
| 2025-09-03 | 3 hours |
| 2025-09-04 | 0 hours |
| 2025-09-05 | 0 hours |
| 2025-09-06 | 4 hours |
| 2025-09-07 | 8 hours |
| 2025-09-08 | 0 hours |
| 2025-09-09 | 0 hours |
| 2025-09-10 | 0 hours |
| 2025-09-11 | 3 hours |
| 2025-09-12 | 6 hours |
| 2025-09-13 | 3 hours |
| 2025-09-14 | 1 hour |
| 2025-09-15 | 8 hours |
| 2025-09-16 | 14 hours |
| 2025-09-17 | 0 hours |
| 2025-09-18 | 0 hours |
| 2025-09-19 | 0 hours |
| 2025-09-20 | 5 hours |
| 2025-09-21 | 5 hours |
| 2025-09-22 | 0 hours |
| 2025-09-23 | 0 hours |
| 2025-09-24 | 0 hours |
| 2025-09-25 | 0 hours |
| 2025-09-26 | 0 hours |
| 2025-09-27 | 0 hours |
| 2025-09-28 | 0 hours |
| 2025-09-29 | 0 hours |
| 2025-09-30 | 0 hours |
| 2025-10-01 | 0 hours |
| 2025-10-02 | 0 hours |
| 2025-10-03 | 0 hours |
| 2025-10-04 | 19.75 hours |
| 2025-10-05 | 17.5 hours |
| 2025-10-06 | 0 hours |
| 2025-10-07 | 0 hours |
| 2025-10-08 | 0 hours |
| 2025-10-09 | 0 hours |
| 2025-10-10 | 0 hours |
| 2025-10-11 | 0 hours |
| 2025-10-12 | 0 hours |
| 2025-10-13 | 0 hours |
| 2025-10-14 | 0 hours |
| 2025-10-15 | 0 hours |
| 2025-10-16 | 0 hours |
| 2025-10-17 | 0 hours |
| 2025-10-18 | 0 hours |
| 2025-10-19 | 0 hours |
| 2025-10-20 | 0 hours |
| 2025-10-21 | 0 hours |
| 2025-10-22 | 0 hours |
| 2025-10-23 | 0 hours |
| 2025-10-24 | 2 hours |
| 2025-10-25 | 1.5 hours |
| 2025-10-26 | 7.5 hours |
| 2025-10-27 | 0.5 hours |
| 2025-10-28 | 0 hours |
| 2025-10-29 | 0 hours |
| 2025-10-30 | 1 hour |
| 2025-10-31 | 0 hours |
| 2025-11-01 | 0 hours |
| 2025-11-02 | 0 hours |
| 2025-11-03 | 0 hours |
| 2025-11-04 | 0 hours |
| 2025-11-05 | 0 hours |
| 2025-11-06 | 0 hours |
| 2025-11-07 | 0 hours |
| 2025-11-08 | 0 hours |
| 2025-11-09 | 0 hours |
| 2025-11-10 | 0 hours |
| 2025-11-11 | 0 hours |
| 2025-11-12 | 0 hours |
| 2025-11-13 | 0 hours |
| 2025-11-14 | 0 hours |
| 2025-11-15 | 0 hours |
| 2025-11-16 | 0 hours |
| 2025-11-17 | 0 hours |
| 2025-11-18 | 0 hours |
| 2025-11-19 | 0 hours |
| 2025-11-20 | 0 hours |
| 2025-11-21 | 0 hours |
| 2025-11-22 | 0 hours |
| 2025-11-23 | 0 hours |
| 2025-11-24 | 0 hours |
| 2025-11-25 | 0 hours |
| 2025-11-26 | 0 hours |
| 2025-11-27 | 0 hours |
| 2025-11-28 | 0 hours |
| 2025-11-29 | 0 hours |
| 2025-11-30 | 0 hours |
| 2025-12-01 | 0 hours |
| 2025-12-02 | 0 hours |
| 2025-12-03 | 0 hours |
| 2025-12-04 | 0 hours |
| 2025-12-05 | 0 hours |
| 2025-12-06 | 0 hours |
| 2025-12-07 | 0 hours |
| 2025-12-08 | 0 hours |
| 2025-12-09 | 0 hours |
| 2025-12-10 | 0 hours |
| 2025-12-11 | 0 hours |
| 2025-12-12 | 0 hours |
| 2025-12-13 | 0 hours |
| 2025-12-14 | 0 hours |
| 2025-12-15 | 0 hours |
| 2025-12-16 | 0 hours |
| 2025-12-17 | 0 hours |
| 2025-12-18 | 0 hours |
| 2025-12-19 | 0 hours |
| 2025-12-20 | 0 hours |
| 2025-12-21 | 0 hours |
| 2025-12-22 | 0 hours |
| 2025-12-23 | 0 hours |
| 2025-12-24 | 0 hours |
| 2025-12-25 | 0 hours |
| 2025-12-26 | 0 hours |
| 2025-12-27 | 0 hours |
| 2025-12-28 | 0 hours |
| 2025-12-29 | 0 hours |
| 2025-12-30 | 0 hours |
| 2025-12-31 | 0 hours |
| 2026-01-01 | 2.5 hours |
| 2026-01-02 | 0 hours |
| 2026-01-03 | 0 hours |
| 2026-01-04 | 0 hours |
| 2026-01-05 | 0 hours |
| 2026-01-06 | 0 hours |
| 2026-01-07 | 0 hours |
| 2026-01-08 | 0 hours |
| 2026-01-09 | 0 hours |
| 2026-01-10 | 0 hours |
| 2026-01-11 | 0 hours |
| 2026-01-12 | 0 hours |
| 2026-01-13 | 0 hours |
| 2026-01-14 | 0 hours |
| 2026-01-15 | 0 hours |
| 2026-01-16 | 0 hours |
| 2026-01-17 | 0 hours |
| 2026-01-18 | 0 hours |
| 2026-01-19 | 0 hours |
| 2026-01-20 | 0 hours |
| 2026-01-21 | 0 hours |
| 2026-01-22 | 0 hours |
| 2026-01-23 | 0 hours |
| 2026-01-24 | 0 hours |
| 2026-01-25 | 0 hours |
| 2026-01-26 | 0 hours |
| 2026-01-27 | 0 hours |
| 2026-01-28 | 0 hours |
| 2026-01-29 | 0 hours |
| 2026-01-30 | 0 hours |
| 2026-01-31 | 0 hours |
| 2026-02-01 | 0 hours |
| 2026-02-02 | 0 hours |
| 2026-02-03 | 0 hours |
| 2026-02-04 | 0 hours |
| 2026-02-05 | 0 hours |
| 2026-02-06 | 0 hours |
| 2026-02-07 | 0 hours |
| 2026-02-08 | 0 hours |
| 2026-02-09 | 0 hours |
| 2026-02-10 | 0 hours |
| 2026-02-11 | 0 hours |
| 2026-02-12 | 0 hours |
| 2026-02-13 | 0 hours |
| 2026-02-14 | 0 hours |
| 2026-02-15 | 0 hours |
| 2026-02-16 | 0 hours |
| 2026-02-17 | 0 hours |
| 2026-02-18 | 0 hours |
| 2026-02-19 | 0 hours |
| 2026-02-20 | 0 hours |
| 2026-02-21 | 0 hours |
| 2026-02-22 | 0 hours |
| 2026-02-23 | 0 hours |
| 2026-02-24 | 0 hours |
| 2026-02-25 | 0 hours |
| 2026-02-26 | 0 hours |
| 2026-02-27 | 2.25 hours |
| 2026-02-28 | 3.5 hours |
| 2026-03-01 | 3.5 hours |
| 2026-03-02 | 0 hours |
| 2026-03-03 | 0 hours |
| 2026-03-04 | 0 hours |
| 2026-03-05 | 0 hours |
| 2026-03-06 | 0 hours |
| 2026-03-07 | 0 hours |
| 2026-03-08 | 0.5 hours |
| 2026-03-09 | 0 hours |
| 2026-03-10 | 0 hours |
| 2026-03-11 | 0 hours |
| 2026-03-12 | 3.5 hours |
| 2026-03-13 | 5.25 hours |
| 2026-03-14 | 0 hours |
| 2026-03-15 | 0 hours |
| 2026-03-16 | 0 hours |
| 2026-03-17 | 0 hours |
| 2026-03-18 | 4.25 hours |
| 2026-03-19 | 0.25 hours |
| 2026-03-20 | 0 hours |
| 2026-03-21 | 0 hours |
| 2026-03-22 | 5.25 hours |
| 2026-03-23 | 0 hours |
| 2026-03-24 | 2.75 hours |
| 2026-03-25 | 6.75 hours |
| 2026-03-26 | 0 hours |
| 2026-03-27 | 0 hours |
| 2026-03-28 | 0 hours |
| 2026-03-29 | 2.75 hours |
| 2026-03-30 | 0 hours |
| 2026-03-31 | 0 hours |
| 2026-04-01 | 0 hours |
| 2026-04-02 | 0 hours |
| 2026-04-03 | 0 hours |
| 2026-04-04 | 4 hours |
| 2026-04-05 | 17.25 hours |
| 2026-04-06 | 9.75 hours |
| 2026-04-07 | 5.25 hours |
| 2026-04-08 | 5.25 hours |
| 2026-04-09 | 4.5 hours |
| 2026-04-10 | 0 hours |
| 2026-04-11 | 7.25 hours |
| 2026-04-12 | 0 hours |
| 2026-04-13 | 0 hours |
| 2026-04-14 | 0 hours |
| 2026-04-15 | 0 hours |
| 2026-04-16 | 0 hours |
| 2026-04-17 | 0 hours |
| 2026-04-18 | 3 hours |
| 2026-04-19 | 3.5 hours |
| 2026-04-20 | 0 hours |
| 2026-04-21 | 3.75 hours |
| 2026-04-22 | 6 hours |
| 2026-04-23 | 6.75 hours |
| 2026-04-24 | 5.25 hours |
| 2026-04-25 | 9.25 hours |
| 2026-04-26 | 8.25 hours |
| 2026-04-27 | 3.5 hours |
| 2026-04-28 | 6.25 hours |
| 2026-04-29 | 7.25 hours |
| 2026-04-30 | 7 hours |
| 2026-05-01 | 8 hours |
| 2026-05-02 | 6.75 hours |
| 2026-05-03 | 6 hours |
| 2026-05-04 | 0 hours |
| 2026-05-05 | 0 hours |
| 2026-05-06 | 0 hours |
| 2026-05-07 | 0 hours |
| 2026-05-08 | 0 hours |
| 2026-05-09 | 4 hours |
| 2026-05-10 | 6 hours |
| 2026-05-11 | 0 hours |
| 2026-05-12 | 0 hours |
| 2026-05-13 | 0 hours |
| 2026-05-14 | 0 hours |
| 2026-05-15 | 0 hours |
| 2026-05-16 | 5.25 hours |
| 2026-05-17 | 0 hours |
| 2026-05-18 | 0 hours |
| 2026-05-19 | 0 hours |
| 2026-05-20 | 0 hours |
| 2026-05-21 | 0 hours |
| 2026-05-22 | 0 hours |
| 2026-05-23 | 6.5 hours |
| 2026-05-24 | 7.75 hours |
| 2026-05-25 | 6.75 hours |
| 2026-05-26 | 4.75 hours |
| 2026-05-27 | 5.75 hours |
| 2026-05-28 | 1.5 hours |
| 2026-05-29 | 2.75 hours |
| 2026-05-30 | 4.25 hours |
| 2026-05-31 | 2.75 hours |
| 2026-06-01 | 0 hours |
| 2026-06-02 | 0 hours |
| 2026-06-03 | 0 hours |
| 2026-06-04 | 3.5 hours |
| 2026-06-05 | 0 hours |
| 2026-06-06 | 2 hours |
| 2026-06-07 | 10.25 hours |
| 2026-06-08 | 0 hours |
| 2026-06-09 | 0 hours |
| 2026-06-10 | 0 hours |
| 2026-06-11 | 0 hours |
| 2026-06-12 | 0 hours |
| 2026-06-13 | 10.25 hours |
| 2026-06-14 | 11 hours |
| 2026-06-15 | 4.5 hours |
| 2026-06-16 | 0 hours |
| 2026-06-17 | 0 hours |
| 2026-06-18 | 0 hours |
| 2026-06-19 | 0 hours |
| 2026-06-20 | 3.25 hours |
| 2026-06-21 | 2.5 hours |
| 2026-06-22 | 0 hours |
| 2026-06-23 | 0 hours |
| 2026-06-24 | 0 hours |
| 2026-06-25 | 0 hours |
| 2026-06-26 | 0 hours |
| 2026-06-27 | 0.25 hours |
| 2026-06-28 | 2.25 hours |
| 2026-06-29 | 0 hours |
| 2026-06-30 | 0 hours |
| 2026-07-01 | 0 hours |
| 2026-07-02 | 5.5 hours |
| 2026-07-03 | 7 hours |
| 2026-07-04 | 6.75 hours |
| 2026-07-05 | 6.5 hours |
| 2026-07-06 | 0 hours |
| 2026-07-07 | 5.25 hours |
| 2026-07-08 | 0 hours |
| 2026-07-09 | 0 hours |
| 2026-07-10 | 0 hours |
| 2026-07-11 | 4 hours |
| 2026-07-12 | 7.75 hours |
| 2026-07-13 | 0 hours |
| 2026-07-14 | 0 hours |
| 2026-07-15 | 0 hours |
| 2026-07-16 | 0 hours |
| 2026-07-17 | 0 hours |
| 2026-07-18 | 6 hours |
| 2026-07-19 | 6.75 hours |
| 2026-07-20 | 0 hours |
| 2026-07-21 | 0 hours |
| 2026-07-22 | 0 hours |
| 2026-07-23 | 0 hours |
| 2026-07-24 | 0 hours |
| 2026-07-25 | 7 hours |
| 2026-07-26 | 5 hours |
| 2026-07-27 | 4.5 hours |
| 2026-07-28 | 2.25 hours |
| 2026-07-29 | 2.25 hours |
| 2026-07-30 | 0 hours |
| 2026-07-31 | 0 hours |
| 2026-08-01 | 0 hours |
| 2026-08-02 | 6 hours |
| 2026-08-03 | 0 hours |
| 2026-08-04 | 0 hours |
| 2026-08-05 | 3.25 hours |
| 2026-08-06 | 5 hours |
| 2026-08-07 | 0 hours |
| 2026-08-08 | 6 hours |
| 2026-08-09 | 6 hours |
| 2026-08-10 | 0 hours |
| 2026-08-11 | 2.25 hours |
| 2026-08-12 | 0 hours |
| 2026-08-13 | 0.25 hours |
| 2026-08-14 | 0 hours |
| 2026-08-15 | 0 hours |
| 2026-08-16 | 0 hours |
| 2026-08-17 | 0 hours |
| 2026-08-18 | 0 hours |
| 2026-08-19 | 0 hours |
| 2026-08-20 | 0 hours |
| 2026-08-21 | 0 hours |
| 2026-08-22 | 2.75 hours |
| 2026-08-23 | 7.25 hours |
| 2026-08-24 | 0 hours |
| 2026-08-25 | 0 hours |
| 2026-08-26 | 0 hours |
| 2026-08-27 | 0 hours |
| 2026-08-28 | 0 hours |
| 2026-08-29 | 6 hours |
| 2026-08-30 | 7.25 hours |
| 2026-08-31 | 4.5 hours |
| 2026-09-01 | 0 hours |
| 2026-09-02 | 0 hours |
| 2026-09-03 | 0 hours |
| 2026-09-04 | 3.75 hours |
| 2026-09-05 | 8 hours |
| 2026-09-06 | 4 hours |
| 2026-09-07 | 0 hours |
| 2026-09-08 | 0 hours |
| 2026-09-09 | 0 hours |
| 2026-09-10 | 0 hours |
| 2026-09-11 | 0 hours |
| 2026-09-12 | 2.75 hours |
| 2026-09-13 | 0 hours |
| 2026-09-14 | 0 hours |
| 2026-09-15 | 0 hours |
| 2026-09-16 | 0 hours |
| 2026-09-17 | 0 hours |
| 2026-09-18 | 0 hours |
| 2026-09-19 | 6.25 hours |
| 2026-09-20 | 6.75 hours |
Source: ENTSO-E Transparency Platform (transparency.entsoe.eu), CC BY 4.0. Aggregated and converted by World Power Monitor; ENTSO-E does not endorse this site. (ENTSO-E Terms of Use plus CC BY 4.0 for listed data items) Data as of 2026-09-20.
Month by Month
First and latest months may be partial| Month | Days with data | Hours below zero | Days below zero | Lowest price | Highest price |
|---|---|---|---|---|---|
| August 2025 | 15 | 17 hours | 4 | EUR -7.45/MWh | EUR 232.82/MWh |
| September 2025 | 30 | 60 hours | 11 | EUR -53.40/MWh | EUR 413.66/MWh |
| October 2025 | 31 | 49.75 hours | 7 | EUR -5.09/MWh | EUR 508.38/MWh |
| November 2025 | 30 | 0 hours | 0 | EUR 4.35/MWh | EUR 399.93/MWh |
| December 2025 | 31 | 0 hours | 0 | EUR 3.28/MWh | EUR 358.28/MWh |
| January 2026 | 31 | 2.5 hours | 1 | EUR -0.01/MWh | EUR 358.85/MWh |
| February 2026 | 28 | 5.75 hours | 2 | EUR -0.65/MWh | EUR 244.77/MWh |
| March 2026 | 31 | 34.75 hours | 10 | EUR -13.31/MWh | EUR 429.36/MWh |
| April 2026 | 30 | 123 hours | 19 | EUR -480.01/MWh | EUR 314.60/MWh |
| May 2026 | 31 | 78.75 hours | 15 | EUR -499.99/MWh | EUR 468.31/MWh |
| June 2026 | 30 | 49.75 hours | 10 | EUR -52.99/MWh | EUR 747.10/MWh |
| July 2026 | 31 | 76.5 hours | 14 | EUR -15.01/MWh | EUR 352.36/MWh |
| August 2026 | 31 | 56.5 hours | 12 | EUR -18.49/MWh | EUR 487.38/MWh |
| September 2026 | 20 | 31.5 hours | 6 | EUR -19.00/MWh | EUR 740.01/MWh |
Prices are day-ahead, in EUR per MWh. A negative price means sellers pay to deliver electricity in that interval, usually when wind and solar output is high and demand is low; the explanation and the ranking of all zones are on the main page.
Source: ENTSO-E Transparency Platform (transparency.entsoe.eu), CC BY 4.0. Aggregated and converted by World Power Monitor; ENTSO-E does not endorse this site. (ENTSO-E Terms of Use plus CC BY 4.0 for listed data items) Data as of 2026-09-20.