Monthly wholesale electricity prices in Hungary 2019-2024
In May 2024, the average wholesale electricity price in Hungary stood at approximately 72 euros per megawatt-hour, a decrease of approximately 20 percent year-over-year. Hungary's electricity prices peaked in August 2022, at around 495.7 euros per megawatt-hour. After two years of continuous increase, energy prices in Hungary and in Europe started to decrease after the summer of 2022.